This report from Temporary Working Group Carbon Dioxide Removal provides a definition of carbon dioxide removal, based on the four principles presented in the previous ZEP report ‘Europe needs a definition of carbon dioxide removal’, that defines a screening process to identify whether CCS and CCU projects may lead to CDR and outlines the factors that need to be considered when assessing a project’s potential for CDR.
The guidelines need to be updated and aligned with the market developments and the more ambitious new climate agenda, the European Green Deal, the European Climate Law for climate neutrality by 2050, etc. CCS is essential for Europe to reach climate neutrality by 2050 in a cost-efficient way and may be the only alternative to decarbonise the many industries in hard-to-abate industrial sectors, such as steel, cement and chemicals. The European Commission’s consideration that “the aid for CCS contributes to the common objective of environmental protection” in order to promote the long term decarbonisation objectives has become even more valid.
The European Commission has presented the revision of the Trans-European Networks for Energy (TEN-E) Regulation. With this revision, the Commission aims to ensure that the EU’s energy infrastructure is fully consistent with the EU target to reach climate neutrality by 2050. Following the announcement of the revision, ZEP has sent a letter to Commissioner for Energy, Kadri Simson, highlighting several issues with the revision – notably the absence of CO2 storage and CO2 transport modalities other than pipeline.
Following the revision of the Trans-European Networks for Energy (TEN-E) Regulation, ZEP sent a letter to Commissioner for Energy Kadri Simson to share the Platform's thoughts and highlight that CO2 transport and storage infrastructure is crucial to achieve climate neutrality in the EU by 2050 and should be included in a revised TEN-E Regulation.
ZEP is pleased to provide input to the consultation on the draft delegated acts, outlined as follows:
1. Comments on the principles of the European Taxonomy for Sustainable Finance
2. Hydrogen threshold
3. Electricity threshold
4. CO2 transport
5. Biomass with CCS
6. Waste-to-Energy with CCS
7. Carbon Capture and Utilisation
Revision of the EU ETS will need to be aligned with climate neutrality by 2050 and deliver on increased 2030 ambitions.
The upcoming revision of the EU ETS directive presents the opportunity to raise the ambitions of the EU ETS, aligning it to the objective of climate neutrality by 2050 and to the new, increased 2030 greenhouse gas emissions reduction target, as soon as the negotiations will be finalised. As noted in previous responses, ZEP believes that the 2030 target should put the EU on a cost-efficient pathway towards net-zero by 2050.