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ZERO welcomes the EU's CCS initiative

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Zero Emission Resource Organisation (ZERO) has drafted a response to the European Commission's Consultative Communication about CCS.

The communication, which was released by the European Commission earlier this year, sums up the state of CCS in Europe today and outlines possible options to promote and increase the use of CCS. ZERO welcomes this initiative and has released a response to this report, where they give a set of recommendations on how to achieve more large scale CCS in the EU.

For CCS to succeed it is essential to see beyond ETS and introduce new mechanisms that can ensure a cost-effective long term development of CCS

The already existing Emission Trading System (ETS) has successfully established a cap & trade system, but due to a too high cap and a surplus of allowances, it has not had the desired effect. ZERO says: "For CCS to succeed it is essential to see beyond ETS and introduce new mechanisms that can ensure a cost-effective long term development of CCS. The EU’s ability to decarbonize over the coming decades, according to the roadmap 2050, depends on clear and predictable incentives for the European energy and industrial sectors. We need specified instruments that can deploy CCS projects, - both as standalone mechanisms, and as a broader system of several complementing mechanisms."

ZERO recommends these instruments to increase the use of CCS in Europe:

  • A mandatory CCS certificate system.
  • Obligate fossil fuel suppliers to have an incremental share of CCS as part of their fossil fuel volume. – If you take carbon up, you have the obligation to put it back.

The CCS certificate system will obligate fuel suppliers to have a larger share of CCS. The certificates will bind the companies to set targets, but also give them the flexibility to choose the best way for them to reduce emissions. This, combined with the EPS system, which has worked well for reducing NOx, is the path ZERO recommends towards more CCS and lower emissions in Europe.

Read the full response from ZERO here.



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