Carbon Capture Storage and Use (CCS-U) and CDRs provide climate change mitigation solutions by capturing CO2 from the emitting sources or the atmosphere, and storing it underground or re-using it. In this sense, CCS-U and CDR technologies can play two main roles in achieving net zero targets, namely, reducing emissions or removing CO2 from the atmosphere.
The IPPC scenarios consistent with limiting the temperature rise to 1.5 degrees show that capturing CO2 is essential and complements the implementation of emissions reduction policies. There is also a growing consensus around the fact that capturing CO2 will play an increasingly important role in the face of achieving the EU’s long-term emission reduction targets.
This workstream aims to help shape the EU regulatory framework for this
technology by:
- Carefully assessing the role of CCS-U and CDRs in achieving the EU’s long-term climate and energy targets.
- Assessing CCS-U and CDRs interaction with the EU-ETS as an instrument to provide flexibility for installations to comply with their ETS obligations, including its future role in the EU ETS and the role of negative emissions in the EU’s climate policy framework.
- Identifying possible regulatory and financing gaps hindering the deployment of this technology at scale.
- Actively contributing to the Commission’s working groups on CCS-U and CDRs as well as in the CCUS Forum, with a focus on the issue of public perception of these technologies.
- Following international negotiations related to CCS-U and CDRs, such as COPs and other international fora.
RECENT PUBLICATIONS
Future of emissions trading in the EU: Coverage Analysis
Author(s): Andrei Marcu, Juan Lopez, Alexandra Maratou, Pauline Nouallet, Marino Varricchio, Elena Bonfiglio, Nigel CaruanaERCST Reflection Note – The CRCF trilogues and the Industrial Carbon Management strategy: where are we headed?
Author(s): Andrei Marcu, Elena BonfiglioERCST Commentary – The Carbon Removal Certification Framework: what is next?
Author(s): Andrei Marcu, Elena BonfiglioERCST Feedback to the Commission’s Public Consultation for Industrial Carbon Management – carbon capture, utilisation and storage deployment
Author(s): Andrei Marcu, Elena BonfiglioRECENT AND UPCOMING EVENTS
Finding common ground: The role of ICM technologies in decarbonization pathways
October 24 @ 15:00 - 16:30
CCUS Industrial Partnership: what next?
November 21 @ 16:00 - 17:30CCUS in the net-zero transition
March 16 @ 15:00 - 17:00EU CCUS policy: Net-Zero Industry Act & upcoming Commission’s Communication
April 20 @ 14:30 - 17:00I4C 2023: CCUS in the net-zero transition
May 24 @ 11:45 - 12:35Commission’s public consultation on ‘Industrial Carbon Management’
July 20 @ 15:00 - 16:30Industrial Carbon Management: submission review
September 11 @ 15:00 - 16:30ERCST @ IETA North America Climate Summit & Climate Week NYC: The role of CCS and removals in international carbon markets
September 20 @ 19:45 - 20:45