Resource Type
Fact Sheet
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The gap between funding for carbon capture and storage projects and other emissions reduction options
Analysis by Carbon Limits for Clean Air Task Force has assessed some of the capital funding from major EU support schemes for renewable energy since 2012 on the basis of euros spent per tonne of CO2 avoided.
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Fit for 55: Decarbonising European Shipping
With the Fit for 55 proposals, EU policymakers finally can address emissions from shipping and its major impact on climate change and air quality.
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TEN-T: Transport of CO2 to permanent storage – a missing piece in Europe’s industrial decarbonization plan
As currently proposed, the TEN-T includes no mention of the importance played by multiple modalities transporting CO2 to storage – it must be amended to optimize synergies and foster decarbonization.
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Decarbonising European industry: Enabling carbon capture and storage through the EU ETS
CATF welcomes the revision of the Emissions Trading System Directive to ensure compatibility with the EU’s climate ambition.
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The importance of carbon management to decarbonize the industrial sector of North Rhine-Westphalia, Germany
How North Rhine-Westphalia, Germany will use carbon management to create a climate-neutral industry.
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Overview of U.S. Carbon Management Projects
After the reform of 45Q in 2018, the interest in carbon management technologies such as capture and direct air capture has been unprecedented.
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Europe’s gap between carbon storage development and capture demand
In response to rising carbon prices and binding net zero targets, more and more polluting industries in Europe have announced their intention to capture their CO2 emissions for permanent geological storage. The CATF project map indicates around 50 such initiatives across diverse sectors and geographies, amounting to over 80 Mt captured per year by 2030. But will there be enough storage space to accommodate all this CO2?
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The gap between EU carbon capture and storage ambitions and available funding
Carbon capture and storage will not need public support indefinitely, as higher carbon prices and demand for low-carbon products emerge and technology costs are driven down. But strong investment is now essential to help cover first-mover costs and establish shared infrastructure for CO2 transport and storage.
