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🇳🇴 Norway looking to fund CDR with up to €1.7b
⚡ Enova, the Norwegian state energy agency, is looking to launch NOACCS (Norwegian Auction Scheme for Carbon Capture and Storage): a competitive auction scheme for carbon capture and permanent geological storage, covering everything from waste incineration and biogas to direct air capture. THE KEY INFO: 🏛️The budget ceiling is €1.7bn but nothing is actually allocated yet. Real funding depends on annual government decisions 🗓️ NOACCS is proposed to run between 2027 and 2032
Jun 14
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