European Union members seeking funding for carbon capture and storage facilities facing a deadline today are under pressure to meet another date next month to adopt law, said the Zero Emissions Platform.
Spain is the only nation to have implemented the EU Directive on Geological Storage, which is meant to be enacted by June 25, said Eric Drosin, a spokesman for the lobby group known as ZEP, whose members include ENEL SpA and BP Plc. (BP/) About eight other member states are set to meet the June deadline, Drosin said today by e-mail.
Member states need to apply by today to get funding from the 5 billion euros ($7.2 billion) NER 300 fund set up by the EU for carbon-capture and renewable-energy projects, ZEP said in an e-mailed statement.
