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EU resolution on the development of CCS

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On January 14, 2014 the European Parliament took an important step towards developing more CCS in Europe.

Credit: European Parliament (Creative Commons BY-NC-ND)

The resolution recognizes that CCS is crucial if the European countries are to reach their emission reduction goals, while also contributing to the diversity and security of energy production.

The motion is an important step in the right direction

- The motion is an important step in the right direction. The challenge now will be to ensure that CCS is included in the EU 2030 plans for energy, and that concrete and effective financial measures for full-scale CCS is part of that content, says Camilla Svendsen Skriung, CCS Policy Adviser in ZERO.

The European Parliament wants to develop a chain of full-scale CCS projects to identify the best and economically advantageous solutions, and realizes that this will need financing instruments in addition to the existing European Emission Trading System (ETS). ZERO released a report in 2013, which concluded that ETS might not be the ideal solution for increased CCS in Europe, but the resolution sends a strong message that the EU is committing to clean energy in the European market.

Read the full resolution here.

Read ZERO’s report on Policy instruments for large scale CCS here.



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