EU to spend over £12bn on satellites to track CO2 emissions across the globe.

Europe will press ahead with a network of satellites to track carbon dioxide emissions across the globe.

They will be developed out of a new European Space Agency (Esa) budget agreed in Seville, Spain.

Artwork: Space Rider

Research ministers on Thursday approved a package of proposals worth some €14.4bn (£12.3bn/$15.9bn) over the next five years.

As well as the new CO2 monitoring system, the funds will also pave the way for missions to the Moon and Mars.

It should be stated that Copernicus is a joint venture between Esa and the EU, with the latter covering 70% of the overall costs. Brussels’ contribution to the expansion programme has yet to be determined.

“There is today about €6bn (£5.1bn) foreseen as part of the [EU] budget for space. And we look forward to completing the constellation with the recurring [satellites] which are to be paid for by the EU along with, of course, their operation,” explained Esa EO director, Josef Aschbacher.

Across the entire Space19+ budget request, the top contributing countries were:

  • Germany – €3.3bn (£2.8bn), which is a 23% share of the total budget
  • France – €2.7bn (£2.3bn), which is an 18.5% share
  • Italy – €2.3bn (£1.8bn), which is 16%
  • UK – €1.6bn (£1.4bn), which is 11.5%

The UK’s subscription after this meeting will rise from €355m (£304m) per year to €440m (£377m) per year.

Source: BBC News

 

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TA DenEco Consultancy – www.deneco.co.uk

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I am a Property/Energy Consultant TA DenEco Consultancy - www.deneco.co.uk: A friendly, energetic and adaptable individual with keen interest and aptitude for learning and motivating others, with great academic skills and work experience in both Life science and Environmental Management, seeking an opportunity to use his proven flair for teamwork and creativity in Property Purchase, Energy Efficiency, Environmental management for sustainable development and growth in any related sector or industry. I help individuals, businesses, SMEs and corporate clients save or make money in regards to Property investment, energy efficiency, environmental management solutions. The foundation of my experience is environmental protection. I have a passion for helping people, businesses and corporate organization achieve their dream through Property Investment and become more efficient and effective in their energy, and environmental management. I get satisfaction from knowing that the work am doing is helping make/save money and the environment.  Contact us @ www.deneco.co.uk Outside of work you can find me spending time with family, studying and researching for new opportunities and continuous development. Specialties: Property Investment, EPC provider, Energy Efficiency, Environmental  management.

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