EU to help China on carbon capture

By Joshua Chaffin
Published: June 26 2009 03:00

The European Commission yesterday announced plans to contribute up to €50m ($70m) to help China build a facility to test carbon capture and storage technology.
While relatively small, the commission said the investment illustrated EU commitment to speeding the transfer of green technology to developing nations to further the fight against global warming.
China, in particular, is a top priority for CCS, which aims to trap carbon emissions from power plants and industrial facilities and bury them underground.
Joshua Chaffin, Luxembourg
Full story at www.ft.com/climatechange
Copyright The Financial Times Limited 2009