CCS Europe Organises Breakfast Briefing with MEPs

On 27 June, CCS Europe hosted a Breakfast Briefing event for MEPs and Parliamentary staff on the role and importance of CCS in the Net-Zero Industry Act. Among CCS members, we counted with the presence of MEP Eric Poulsen (DK) and the office of MEP Ehler (EP lead negotiator). 

On 27 June, CCS Europe hosted a Breakfast Briefing event for MEPs and Parliamentary staff on the role and importance of CCS in the Net-Zero Industry Act. Among CCS members, we counted with the presence of MEP Erik Poulsen (DK) and the office of MEP Ehler (EP lead negotiator). 

Bellona and Clear Air Task Force explained the process behind carbon capture and storage technology and demystified safety concerns. CCS is no silver bullet to solving climate crisis but needs to be considered in the toolkit of options to achieve climate neutrality by 2050. 

A presentation on CCS developments by our member Danish Shipping showed that while the state of the play of project development across Europe is encouraging, only recently has the first Final Investment Decision to support a full-chain CCS project within the European Union taken place. The Kalundborg project is intended to start capturing, by 2026, 430,000 tons of CO2 annually for permanent injection into rock deep off the coast of Norway.  But in order to achieve Europe’s climate ambitions far more projects across Europe need to be upscaled and the CO2 capture and storage value chain strengthened.

Finally, an insightful roundtable discussion - which counted the presence of the Confederation of European Waste-to-Energy Plans, Danish Shipping, DOW, Holcim, and General Electric - concluded the event. The main points discussed were: 

  • Hard to abate sectors need CCS to achieve net-zero and retain its presence in Europe.
  • The EC’s target on storage capacity is feasible, achievable, and necessary. 
  • Supporting NZIA provisions on Transport and Infrastructure are needed to foster the value chain. 
  • Member States can support first movers' disadvantage by having supporting legislation and financial frameworks.