According to new calculations, it may take up to €140 billion in subsidies in Europe for the planned projects to capture and store CO2. Experts criticize that the expensive technology is not a climate solution. There is also a lack of laws and standards.
By Nico Beckert
The UK wants to subsidize the capture and storage of CO2 (CCS) with almost 22 billion pounds. Many other countries are pushing ahead with plans for the controversial climate technology. Experts say there are other long-term options for most sectors and environmentalists warn of leaks like those that have recently occurred in the US.
By Nico Beckert
According to a draft of the European carbon management strategy, the EU Commission is planning to establish an internal carbon market. The industrial use of captured carbon is also to be expanded.
By Lukas Knigge
On Tuesday, the EU Parliament defined its position for an EU certification framework for carbon removals. Unlike the Commission, the Parliament differentiates between the various technologies and options.
By Lukas Knigge
This debate will dominate COP28: Should countries completely phase out fossil fuels for the energy sector or rely on the controversial carbon capture and storage (CCS) technology? A reality check of a technology that is being hailed as a holistic solution.
By Nico Beckert
The Fit-for-55 package for the EU Climate Goal 2030 is now law, and the debate on the Climate Goal 2040 has already begun. A highly controversial issue is the amount of CO2 removal that should be credited in the Emissions Trading System (ETS). Could these plans endanger the entire system?
By Lukas Knigge
The German government relies on the controversial CCS technology faster and on a larger scale than previously thought to reach its climate targets. An internal government report shows that millions of metric tons of carbon dioxide are to be exported and dumped in storage facilities as early as 2030.
By Bernhard Pötter
