EIB completes first round of NER300 carbon sales
The European Investment Bank has successfully completed the first round of sales of carbon allowances under the NER300 programme. The proceeds will support investment in carbon capture and storage demonstration projects and innovative renewable energy technologies. The European Investment Bank, acting as an agent of the European Commission, sold a total of 200m EU allowances since the start of the sales process in December 2011. The next monthly report, covering sales during September 2012, w...