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
Governments and companies are investing massively in carbon capture and storage projects, but the technology has yet to reach scale
NO ALTERNATIVE For some existing processes, carbon emissions are inevitable leaving CCS the only decarbonisation option
LONG TERM SCALE-UP Impact of CCS on hard-to-abate sectors may not be felt until after 2030
KEY QUOTE There is increasing political commitment and will to allocate funds and carry significant economic risks in regards to CCS investments ...
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Carbon capture and storage may be needed to decarbonise highly polluting sectors such as steel production, but the power sector would be best advised to focus on renewables and efficiency given the significant costs of the technology
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
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
Heavy industries are slowly starting to wake up to the reality of the energy transition, but full decarbonisation of the steel, cement and petrochemicals sectors is a significant challenge that will require new processes and significant amounts of clean energy
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