Monthly Archives: June 2012

EU green cars initiative

Posted on 20/06/2012 by admin

The European Green Cars initiative is one of the three PPPs included in the Commission’s recovery package. The envelope for this initiative is foreseen at €5 billion to boost to the automotive industry in a time of economic hardship, and support the development of new, sustainable forms of road transport. Of this financial envelope, € 4 billion will be made available through loans by the European Investment Bank (EIB), and € 1 billion through support to research, with equal contribution from the Seventh Framework Programme for Research (FP7) and from the private sector. Continue reading →

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EU to give full support for the green economy

Posted on 20/06/2012 by admin

There is no other way out of the economic crisis than through a green economy, which will strengthen the development of new and greener technologies, resource reductions and the protecting of our nature and the biodiversity. A green transition will create millions of jobs and make Europe more sustainable and competitive.

This was the conclusion, when Europe’s environment ministers met this week in Horsens. They discussed an ambitious outline for the 7th Environment Action Programme made by the Danish EU Presidency. Continue reading →

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