Author: admin
-
Recent Developments
It is rare to find a bipartisan climate bill in the United States Senate. Still, on March 22, five senators – two Republicans and three Democrats – introduced the USE IT Act (S.2602), a bill that supports funding for carbon removal research. A few weeks ago, this bill was voted out of the Environment and Public Works…
-
Concerns Around Carbon Capture
While there are many societal benefits associated with carbon removal (along with a pressing argument for doing so quickly), there are possible drawbacks and risks. For natural carbon removal systems, concerns include the potentially large administrative costs, the designation of large areas for carbon removal, and the slow speed at which carbon sinks can absorb…
-
Benefits of Carbon Capture
The most obvious benefit that both natural and technological systems share is their ability to remove carbon from our atmosphere, or prevent it from reaching the atmosphere to begin with. These systems, when employed properly, have the potential to help keep global temperatures from surpassing the two degree Celsius mark. To achieve this goal, carbon…
-
Carbon Removal Strategies
Carbon removal can take many different forms. According to the Center for Carbon Removal, the strategies to remove carbon are generally split into two categories: natural carbon removal and technological carbon removal. Carbon removal by naturally occurring processes is simply the uptake and storage of carbon dioxide (CO2) by our ecosystems. This can be accomplished through…
-
CCUS projects network
The Commission supports the CCUS Project Network (2018-2023), which facilitates knowledge sharing among major industrial projects underway across Europe. The network is part of CCUS ZEN since October 2022.
-
CO2 transport infrastructure
CO2 transport infrastructure projects are within the scope of the Trans-European Networks for Energy. They can apply to become projects of common interest (PCIs) and subsequently apply for support under the Connecting Europe Facility (CEF). Every 2 years, the Commission adopts an EU list of PCIs and since 2023 also of projects of mutual interest (PMIs). In November 2021,…
-
State aid
The Commission also enables EU countries to support the carbon capture and storage and carbon capture and utilisation technology through state aid under certain conditions specified in its Guidelines on State aid for climate, environmental protection and energy 2022.
-
Horizon EU
The Commission also supports research, development and innovation for industrial carbon management technologies through Horizon Europe and stakeholder engagement, such as the Strategic Energy Technology Plan Working Group on CCUS and its associated European Technology and Innovation Platform ‘Zero Emissions Platform’. Under Horizon Europe Cluster 5 (Climate, Energy and Mobility), the Commission supports developing new and/or improving existing CO2…
-
Innovation fund
As of February 2024, the Innovation Fund supports 26 industrial carbon management projects that have successfully applied to one of the small or large-scale calls organised since 2020, totaling more than €3.3 billion. Selected applicants currently benefiting from Innovation Fund grants can be consulted on the Commission’s website.