Finance sector says ready to invest in CCS
Thursday, September 23, 2010
Private sector banks are ready to put money into carbon capture and storage projects (CCS) if they are viable without public funding, according to a new report released on Monday (20 September).Two research organisations, the Climate Group and the Ecofin Research Foundation, have gauged the views of 30 private sector capital providers on CCS.They found that there is money available for CCS projects if they can compete with other forms of energy generation without public funding. Moreover, ...