Workshop recap: What are the experts saying about CCS in Europe? | Stefano Miriello
Автор: IOGP Europe
Загружено: 2025-06-19
Просмотров: 65
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⏳The EU doesn’t have 10 years to wait for the development of decarbonization projects like CCS.
⛔But slow permitting processes & high financial risks are stifling Europe’s progress towards sustainability goals.
📈If carbon capture is not scaled up fast enough, the EU’s climate targets will remain out of reach.
What’s the solution?
✔️Permitting processes must be sped up to encourage the development of more carbon capture projects in Europe.
✔️Knowledge must be shared between governments and across borders with third countries like the UK and EEA countries, to make sure that Europe is implementing effective & pragmatic solutions.
✔️De-risk carbon capture projects and create financial stability for emitters through funding mechanisms like a European CCS Bank.
Thank you to Stefano Miriello from the Carbon Capture and Storage Association for sharing your thoughts on how private and public markets should cooperate at our recent CCS Multistakeholder workshop on 18 March and for showing the potential of CCS to members of the European Commission.
🤝Collaboration between industry, Member States and policymakers is essential to securing Europe’s global competitiveness during the energy transition.
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