Wednesday, November 16, 2011

EU to Transfer $4.5 Billion of Carbon Permits to EIB This Month - Bloomberg

EU to Transfer $4.5 Billion of Carbon Permits to EIB This Month - Bloomberg


The European Union aims to transfer carbon permits from a 3.3 billion-euro ($4.5 billion) reserve to the European Investment Bank this month, enabling the lender to start selling them to help finance innovative energy projects.

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