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EIB’s new lending policy points to ‘new era for gas,’ industry group says

( November 14, 2019, 22:00 GMT | Official Statement) -- MLex Summary: The European Investment Bank’s newly adopted energy-lending rules show that the financial institution will support the development of technologies such as carbon capture and storage, power-to-gas, hydrogen and biogas, industry umbrella group Eurogas has said. “Investments in the gas infrastructure will deliver these technologies that all support the achievement of the 2050 carbon-neutrality target,” said the association’s secretary general James Watson, calling on EU institutions and national governments to “follow this example” and “deliver on the opportunity.”Statement follows:  ...

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