New EU CCS Policy: "The most important document that the European Commission has produced on CCS for the last two years", says Frederic Hauge
2013-01-14 10:59 by Anja Reitz
A draft version was distributed for public consultation, where the Commission calls for far greater commitment from both governments and industry, including those providing fossil fuels. The draft Communication says regulation is necessary either through sectoral emission performance standards or mandatory CCS certificate schemes - or a mixture of both
Need for new momentum after NER 300 failure In order to achieve EU’s emission reduction targets,
the successful deployment of CCS needs to be assured. As pointed out in
the Commission’s Energy Roadmap 2050, all fossil energy must be
equipped with CCS by around 2030. The Commission’s draft communication
on "The future of CO2 Capture and Storage in Europe" is a
constructive contribution to the strategy to ensure energy security and
new industrial opportunities while meeting climate change objectives. CCS has met a number of setbacks in recent months, not
least the failure to get NER300 funding for a single CCS demonstration
project, which puts even greater pressure on the urgent need for the
successful operation of a number of such projects. The importance of a
successful second round of the NER300 programme in achieving this must
not be underestimated. “A successful policy for demonstrating and
deploying CCS would be key for Climate Action Commissioner Hedegaard’s
initiative to draw up a climate and energy policy framework for 2030 and
particularly the adaption strategy for a more climate - resilient
Europe,” says Hauge. Source: Bellona Europe,