Carbon Capture and Storage (CCS) policy frameworks are being rapidly developed across Europe as the continent moves into an era of deep decarbonisation to achieve climate neutrality by 2050. Most pathways agree that this transition will require at least some amount of CCS deployment. This is happening in a broader context of emerging green industrial policy approaches alongside increased state involvement in terms of market intervention, regulation, and subsidies.
At the same time, the carbon capture debate lacks nuance, with CCS often perceived as a single technology with clear supporters and opponents. In reality, some CCS applications can contribute to a shift towards a climate-neutral economy while other applications have a higher risk of delaying real progress. In this context, there is a need to identify where CCS may deliver the greatest climate value via a merit order of CCS applications to help determine where to target policy support.
This briefing “Carbon capture and storage ladder” has been published by E3G together with Bellona and independent co-authors. It proposes a methodological framework for assessing the climate value of different CCS applications in Europe.
Access the briefing here