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Three projects (Carbon Capture Utilization and Storage CCUS) to store and use carbon dioxide were chosen because of, among other things, mature technologies and advanced partnerships, according to a statement released Friday. They should contribute to the EU’s “Green Deal”, which aims to achieve a climate-neutral economy by 2050 through “clean technologies”.
Holcim had received EU funding for projects in Germany and Poland at the beginning of the year. Overall, Holcim’s “Net Zero” roadmap includes more than 50 projects worldwide, and the group is looking to invest 2 billion francs by 2030.
The European Union Innovation Fund is one of the world’s largest funding programs for innovative low-carbon technologies. In the current year 2023, a total of more than 3.6 billion euros has already been financed for 41 projects. A total of 239 applications were made.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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