![]() The North Sea, where European countries once produced large quantities of oil and gas, is often considered the optimal destination for the industrial emissions of CO2 emitted from mega ports such as Rotterdam, Antwerp and Hamburg.īut especially in the case of cement, regionally distributed carbon storage projects will be needed. “Most European storage projects are planned in the North Sea, while projects in Southern Europe are much smaller and plans are less advanced,” he explains. The Porthos project in the port of Rotterdam is the only major CCS project where a final investment decision has been made – for 2.5 mta storage, inviting the region’s industrial clusters as customers.Ĭurrently, “there is something of a North-South divide when it comes to storage projects,” says CATF’s Pernot. The new North-South divideĬarbon capture and storage also risks creating a geographic divide within Europe. “The devil is in the details,” Selén cautions, saying “it would make more sense to set a separate dedicated target for the storage of carbon removed from the air” as long as there is no clear view of how much air-captured CO2 will be durably stored underground and how much will be reintroduced in the economy via chemical products. When carbon is sucked out of the air, it can be either stored underground – the “main destination for captured CO2”, as the proposal says – or used to produce goods like plastics, medicines or synthetic fuel. “The Commission’s plan to propose a target of 100 to 200 million tonnes to remove carbon dioxide from the air is especially exciting,” says Valter Selén, associate policy director at the NGO Carbon Gap.Īn open question is what to do with the captured CO2. This is very much welcomed by the experts. ![]() “In addition, between 100 and 200 million tonnes of CO2 will need to be captured directly from the atmosphere,” reads the draft Commission paper. Direct air capture targetīut what the Commission is poised to propose goes beyond that. “Based on most climate scenarios, Europe needs around 400 to 500 million tonnes of annual CO2 storage capacity” by 2050, says Eadbhard Pernot, who manages carbon capture policy at the NGO Clean Air Task Force. The 2050 goal is 450 million tonnes of annual storage (MTA) with an intermediate target for 2040 of 200 mta. Meeting the bloc’s climate targets means the EU “will need to be ready to capture at least 50 million tonnes of CO2 per year by 2030,” the draft says. “Reaching economy-wide climate neutrality by 2050 will require carbon removals to counter-balance residual emissions from hard-to-abate sectors,” states the draft proposal seen by Euractiv. On 6 February, the European Commission will present its vision for industrial-scale carbon management, including its capture, storage, and use, all of which are indispensable when meeting climate targets. The European Commission’s upcoming carbon management strategy will propose the sequestration of up to 450 million tonnes of CO2 annually by 2050 and kick off a debate about the future of the EU’s emissions trading scheme.
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