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The 61 projects will hopefully remove 221 million tonnes of CO₂ equivalent, over the first decade the new technology is operational (Photo: Alligator film /BUG / StatoilHydro)

EU to spend €2.9bn on 61 new net-zero climate projects

The European Commission announced on Monday (3 November) that they are using €2.9bn from the bloc's Innovation Fund to finance new net-zero technology projects.

The billions are ...

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