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Bridging the gap: improving the economic and policy framework for carbon capture and storage in the European Union

2015
Think Tank Report
Samuela Bassi, Rodney Boyd, Simon Buckle, Paul Fennell, Niall Mac Dowell, Zen Makuch, Iain Staffell
International Policy/Guidance
Carbon Dioxide Removal → BECCS
Carbon Capture, Utilization and Storage → Carbon Capture and Storage
EU Emissions Trading Scheme, European Union
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Summary/Abstract

This policy brief identifies the key factors that currently hold back CCS investment in the European Union and explores ways that CCS can be made viable. The paper is structured as follows: chapter 2 sets out the context around energy policy and CCS in the European Union; chapters 3 to 6 outline the main challenges surrounding CCS investment, namely on technology, infrastructure and storage (chapter 3), costs (chapter 4), access to finance (chapter 5), and regulation and policy (chapter 6). Chapter 7 identifies key conclusions and policy recommendations.

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