Policy - 10/May/2022

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 ...

 

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