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France to pump €400 million over four years into the development of electric and hybrid transport

Publish date: October 9, 2008

France will invest €400 million into the development of “ecologically clean” transport, said French President Nicolas Sakozy at a press conference following a visit to the Paris International Automobile Salon this week.

“France is coming to the realisation of a large scale research and support plan for the production of automobiles that do not use carbon-based fuel,” he told reporters. “ That is, totally electric or hybrid engines.”

To make this programme a reality, France will pump €400 million over the next four years into it. According to Sarkozy, the funding is already accessible within the framework of a national ecological programme.

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6th meeting of the Carbon Removal Expert Group summary and feedback 

The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member. 

Photo: Christening of Northern Lights’ first CO₂ carrier in Stavanger in 2025, by Olav Øye

A great leap towards a scaled European market for CCS: Northern Lights expands storage capacity, will store CO₂ from Stockholm  

Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.

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