EC awards €1.2B from NER300 “Robin Hood” mechanism for 23 renewable energy projects; 5 advanced biofuel projects targeted for €516.8M
Green Car Congress
DECEMBER 20, 2012
The NER300 program is in effect a “Robin Hood” mechanism that makes polluters pay for large-scale demonstration of new low-carbon technologies. billion of grants—paid by the polluters—will leverage a further €2 billion [US$2.66 million); 6 wind projects (€273.2 million, or US$687 million) for maximum funding of €629.3
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