Financial Times FT.com

Climate change

EU invests in China carbon capture facility

By Joshua Chaffin in Luxembourg

Published: June 25 2009 14:09 | Last updated: June 25 2009 14:09

The European commission on Thursday announced plans to contribute up to €50m ($70m, £43m) to help China build a facility to test carbon capture and storage technology.

While relatively small, the commission said the investment illustrated the European Union’s commitment to speeding the transfer of green technology to developing nations to further the fight against global warming.

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