The European Commission is working on plans to accelerate investments in carbon capture and storage, it said on Friday, as the bloc prepares to reduce its greenhouse gas emissions to net zero by 2050.
In a public consultation, the Commission said the infrastructure to capture and store CO2 underground or use it in industries was not developing fast enough, hampered by factors such as the high development costs of storage sites.
To try to boost this sector, the Commission has said it will produce a strategy that could include 2040 and 2050 targets on CO2 storage infrastructure, or EU-wide CO2 quality standards and access to capture infrastructure. of carbon.
Carbon capture and storage (CCS) projects are in their infancy in the EU and have a history of controversy in countries like Germany, where some states have vetoed previous efforts in this direction. Some activist groups have also opposed the technology, arguing it could be used to extend the life of coal-fired power plants and polluting industries.
But plans to remove CO2 from the atmosphere have gained momentum as countries map opportunities to achieve zero emissions, which will require some CO2 removals to balance the remaining emissions from industries that cannot reduce their carbon output to zero. CO2, such as aviation or agriculture.
“Reducing emissions remains the top priority of EU climate policies,” says a Commission document.
Source: Terra
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