Public and private funding for the deployment of Carbon Capture and Storage (CCS) should match forecasted spending needs. Sustained public investments, both at the European and national level, will be necessary to make CCS economically viable and reach climate neutrality. Private investments should be incentivised via adequate business cases and a more robust EU EmissionsContinue reading “Public and private investments must fit CCS deployment requirements”
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The Industrial Carbon Management Strategy: A landmark recognition for CCS and CCU
The publication of the Industrial Carbon Management Strategy on 6 February 2024 represents a critical step for carbon capture and storage (CCS) and carbon capture and utilisation (CCU). This roadmap clearly shows that CCS is unavoidable for Europe to reach climate neutrality. Some applications of CCU – where CO₂ is stored in a manner intendedContinue reading “The Industrial Carbon Management Strategy: A landmark recognition for CCS and CCU”
ZEP paper on the Green Deal Industrial Plan and the Net-Zero Industry Act
The Zero Emissions Platform (ZEP) welcomes the proposal for the Net-Zero Industry Act by the European Commission (EC). It is a landmark political recognition of the contribution of carbon capture and storage (CCS) and carbon capture and utilisation (CCU) technologies to Europe’s climate neutrality target. The Green Deal Industrial Plan is poised to provide aContinue reading “ZEP paper on the Green Deal Industrial Plan and the Net-Zero Industry Act”
Interference in the EU ETS risks delaying efforts to decarbonise
ZEP urges the EU institutions to maintain a strong standing in climate ambitions, by avoiding short-term measures, such as political interventions in the EU ETS market, that would come at the expense of the needed long-term incentives to decarbonisation. More details can be found in this ZEP note.
Need for similar rules on CO2 storage in the EU and UK ETS
Approved by the AC71 on 15 June 2022, the Zero Emissions Platform (ZEP) set forth a paper on enabling emitters covered by the EU and UK ETS to store CO2 across CCS systems, while benefitting from the same incentives. It is understood that full linking between the two systems would take several years of negotiations.Continue reading “Need for similar rules on CO2 storage in the EU and UK ETS”
ZEP proposal for a regulatory framework for CO2 transport infrastructure
Reaching net-zero greenhouse gas (GHG) emissions by 2050 is the ultimate objective and the main driver for EU climate action. To achieve this objective, climate change mitigation must be pursued as a matter of priority and urgency. Mitigation efforts must also be supplemented with the removal of CO2 from the atmosphere, including the capture ofContinue reading “ZEP proposal for a regulatory framework for CO2 transport infrastructure”
ZEP position paper on EU ETS
The upcoming revision of the EU ETS directive presents the opportunity to raise the ambitions, aligning with the objective of climate neutrality by 2050 and the increased 2030 greenhouse gas (GHG) emissions reduction target. ZEP believes that urgent action needs to be taken to put the EU on a cost-efficient pathway towards net zero byContinue reading “ZEP position paper on EU ETS”
How much CCS and CCU will be needed in 2030?
The increased EU ambition for GHG emissions reduction by 2030 will make the role of CCS even more critical, and the large-scale deployment of CCS within the 2020s becomes crucial to support the climate ambitions of the European Union. A new political reality in the EU and beyond, with climate change at the heart WithContinue reading “How much CCS and CCU will be needed in 2030?”
Future-proofing the Taxonomy regulation regarding CO2 transport infrastructure
Challenge: The current Taxonomy screening criteria disqualifies the entire CO2 infrastructure even if only the smallest amount of the CO2 is aimed for utilisation. Background The regulation establishing a framework for Sustainable Finance was approved by the Council on 15 April and was adopted by the European Parliament on 18 June. In Article 10, thisContinue reading “Future-proofing the Taxonomy regulation regarding CO2 transport infrastructure”
Making clean hydrogen and aluminium manufacturing eligible in the Sustainable Taxonomy
Background In the “EU Taxonomy Report: Technical Annex” that was published on 9 March 2020, the screening criteria specify that the average carbon intensity for the electricity that is used for the manufacturing of hydrogen and aluminium must be at or below 100 gCO2e/kWh. For any electricity grid-connected hydrogen and aluminium manufacturing to be definedContinue reading “Making clean hydrogen and aluminium manufacturing eligible in the Sustainable Taxonomy”