Carbon capture technology pursues a slice of Europe’s climate policy pie
Carbon-capture technology’s role in the energy transition is still poorly defined. However, calls for a unified strategy to spur developments and investment in Europe are increasing
A new report suggests the European Union needs to have a dedicated CCUS strategy to maximise its impact CARBON PRICE Higher cost of carbon would make a business case in CCS technology more viable COUNT DOWN Time is running out for CCS investments before becoming stranded assets post-2050 KEY QUOTE The EU should focus on the infrastructural requirements of CCS—transport and storage Carbon capture and the utilisation or storage (CCUS) of those emissions is a technology that has long promised to be a powerful weapon in climate policy arsenals but which has to date shown very few meaningful results. Carbon-capture facilities remain in the process of being installed at cement factories and waste-to-energy pla ...
Try FORESIGHT - 30 days for €29
Related articles
After years of stalling, can CCS finally get going in 2021?
The past 12 months have shown that even drastic changes to our daily lives are not enough to sufficiently reduce emissions and avoid catastrophic global warming. Carbon Capture and Storage (CCS) will now have to start playing a role, says Suzana Carp, political strategy director at Bellona Europe
Battle lines drawn over CCS access to European funding
The European Union is deciding which technologies and projects should have access to crucial funding. Carbon capture and storage (CCS) technology has its issues but some lawmakers and industries believe emission reduction targets cannot be met without it
Denmark rolls the dice on CCS
For heavy emitters of carbon, capturing the particle before it hits the atmosphere offers a route to meeting climate change targets. The Danish government is hoping significant investment in the questionable technology will help its hard-to-abate sectors to fulfil ambitions
Denmark sets plans to make businesses pay for their carbon emissions
A uniform carbon tax across most of Denmark’s economy has broad political support, but clarifying the finer points of the package will decide whether it is accepted by the wider business community
Cement industry finds it difficult to ditch bad habits
The cement sector has accepted the size of its carbon footprint, but it will take greater pressure from regulators and NGOs to force the industry to totally change its ways
Cities get creative on climate financing
Energy Cities, a European association of local authorities, estimates a city will need between €1 billion and €3 billion to reach net zero emissions by 2050
Carbon removal enters mainstream climate debate
Much as in the energy transition debate, the big question is who pays for carbon removal
Clarity is the key to confidence in voluntary carbon markets
Voluntary carbon offset schemes could significantly help attempts to cut greenhouse gas emissions if their effectiveness can be proven
Leave a Reply