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EU allocates EUR2.9 bn from ETS revenues to 61 net-zero projects

On November 3, the European Commission (EC) allocated EUR2.9 billion (USD3.34 billion) in funding to 61 net zero technology projects. The funding comes from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS).

ETFuels advances FEED for major e-methanol project in Texas

ETFuels has started FEED studies for the Rattlesnake Gap e-methanol project in West Texas — set to become the largest e-methanol plant in the USA.