The EU has set climate and energy targets for 2030, and aims to be climate-neutral by 2050. This initiative creates a classification system for sustainable economic activities (‘taxonomy’), and focuses on the EU’s environmental objectives on climate change mitigation and adaptation. This will create a common language that investors can use everywhere when investing inContinue reading “ZEP response to European Taxonomy for Sustainable Finance”
Category Archives: News
A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth
Europe and the world are facing an unparalleled economic crisis as a result of the COVID-19 pandemic. Large public investments will need to be mobilised over the coming years to stimulate economic recovery. European recovery can go hand in hand with the ambitions of the European Green Deal – to reach net-zero GHG emissions byContinue reading “A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth”
ZEP response to “Roadmap on Carbon Border Adjustment Mechanism”
Europe’s efforts to go climate-neutral by 2050 could be undermined by lack of ambition by our international partners. This would mean a risk of carbon leakage. This occurs when companies transfer production to countries that are less strict about emissions. In such case global emissions would not be reduced. This new mechanism would counteract thisContinue reading “ZEP response to “Roadmap on Carbon Border Adjustment Mechanism””
ZEP Press Statement on Industrial Strategy
Breakthrough technologies CCS and CCU gain political momentum in European Green Deal
ZEP Press Statement on European Climate Law
Breakthrough technologies CCS and CCU gain political momentum in European Green Deal
ZEP Position Paper: A new long-term strategy for Europe’s industrial future
CO2 underground storage is a safe and mature technology ready for broad implementation, as evidenced by over twenty years of successful storage offshore in Norway, combined with more recent onshore storage in Canada and the USA. In Europe, CCS benefits from a clear set of regulations and requirements under the 2009 EU CO2 Storage Directive that ensure the identification of appropriate storage sites and the safety of subsequent operation.
Priorities on CCUS R&I activities
Areas of importance for R&I activities – input to DG RTD, European Commission (EC), by the Zero Emissions Platform (ZEP) and the European Energy Research Alliance (EERA) and with input from the CCUS SET-plan IMPACTS9 consortium.
ZEP comment to “Roadmap on European Climate Law”
This act writes into law the goal set out in the European Green Deal – for Europe’s economy and society to become climate-neutral by 2050. This means achieving net zero emissions for EU countries as a whole, mainly by cutting emissions, investing in green technologies and protecting the natural environment. The act will ensure thatContinue reading “ZEP comment to “Roadmap on European Climate Law””
Innovation Fund technical workshop – feedback from the Zero Emissions Platform
Zero Emissions Platform (ZEP) would like to thank the European Commission for the opportunity to be part of the technical workshops on 5 and 6 February.
ZEP is delighted to see that the Innovation Fund has benefitted from the in-depth NER300 post-investment review. Among the many lessons learned, the most important one was that the difficulty arising from the counterparty risk due to the full value chain applications, hindered many CCS projects from successfully seeking funding from the NER300.
The cost of subsurface storage of CO2
CO2 underground storage is a safe and mature technology ready for broad implementation, as evidenced by over twenty years of successful storage offshore in Norway, combined with more recent onshore storage in Canada and the USA. In Europe, CCS benefits from a clear set of regulations and requirements under the 2009 EU CO2 Storage Directive that ensure the identification of appropriate storage sites and the safety of subsequent operation.