EU body calls for immediate action on CCS
2013-06-19 07:37 by Pina Springer
The European Technology Platform for Zero Emission Fossil Fuel Power Plants (ZEP) has called for "an urgent and fundamental re-set to the Carbon Capture and Storage programme in Europe."
During a public hearing in the European Parliament, Dr. Graeme Sweeney, Chairman of ZEP, emphasised the urgency of deploying CCS, “Without immediate political action to enable CCS, Europe will face severe environmental, social and economic consequences. We will lose jobs, be behind on innovation and we will not meet our 2050 emissions reductions objectives.”
The ZEP has called for a re-set of CCS iniatives in the EU to speed up deployment of the technology.
The ZEP stated that CCS is the single most powerful tool today for addressing climate change, and Europe cannot be cost effectively decarbonised without it. CCS represents tremendous value for money, the body said, and IEA scenarios show that decarbonising the power sector would cost $1 trillion more if the deployment of CCS is delayed for 10 years.
Source: Carbon Capture Journal, 19 June 2013