A Vision for Carbon Capture, Utilisation, and Storage in the EU
CATF co-chaired the European Commission’s 2nd annual Carbon Capture, Utilisation, and Storage (CCUS) Forum Working Group on Vision with the Florence School of Regulation and the Danish Ministry of Climate, Energy and Utilities, and presented the strategic vision paper below based on the contributions of a wide group of stakeholders. The paper outlines the need for, as well as contents of, a comprehensive strategy to develop carbon capture, utilisation, and storage in Europe.
Action by the European Commission is urgent if the EU is to have a carbon capture, utilisation, and storage industry that is ‘fit for purpose.’ Without such action, it is difficult to see how the EU will be able to meet its climate goals. There is an essential role for the Commission to play in coordinating and accelerating the recent efforts of Member States – which will necessarily take place on a cross-border basis – while also ensuring that no Member State or region is left behind in their efforts to decarbonise using carbon capture technologies. Without this leadership, CO2 capture, transport, utilisation, and storage is unlikely to develop sufficiently quickly and at the required scale, and industries will not be able to deliver in accordance with the European Green Deal. To this end, this paper provides a first step and set of recommendations towards a comprehensive carbon capture, utilisation, and storage strategy for the EU.
