EU to give 50 billion euros to energy research
The European Union will give over the next decade up to 50 billion Euros to research on low carbon energy. Solar energies will receive 16 billion euros, wind power 6 billion, nuclear 7 and energy from waste and biomass 9 billion.
This is due to enable the 27 members to compete on cleantech with the United States, Japan and other countries in the cleantech arms race and to create up to 250,000 jobs within the next ten years.
All this money will represent a good investment for our common future as it will cut pollution, greenhouse gases emissions and energy imports. For more, please check out the official press release.