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The European Green Deal: New opportunities to scale up carbon capture and storage

2020
Think Tank Report
Eve Tamme
International Policy/Guidance
Carbon Dioxide Removal → BECCS
Carbon Dioxide Removal → Direct Air Capture
Carbon Capture, Utilization and Storage → Carbon Capture and Storage
European Union, EU Emissions Trading Scheme
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Summary/Abstract

This Global CCS Institute report takes a closer look at the European Green Deal with its extensive list of initiatives, and highlights what to watch out for in the coming days, months and years regarding low carbon technologies like carbon capture and storage (CCS), BECCS, and Direct Air Capture (DAC). The report explores how climate targets, governance, just transition, carbon border adjustment, industrial strategy, hydrogen, financing and infrastructure can support CCS technologies. The second part of the paper highlights the three main challenges for CCS in the existing legislation that need to be considered in the upcoming wave of revisions and new initiatives.

*The report is a snapshot of where we are as of February 2020, with a list of initiatives and processes to choose from when engaging with policymakers and stakeholders.

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