The first phase of the Industrial Decarbonisation Bank, the “ETS Investment Booster”, aims to mobilise around €30 billion to support the deployment and scale-up of industrial decarbonisation projects, backed by 400 million EU ETS allowances between 2028 and 2030. But where will these 400 million allowances actually come from?
Tag Archives: Policy
From barrier to enabler: the role of the London Protocol in advancing CCS across Europe
Drawing on Carbon Management Europe’s (formerly Zero Emissions Platform/ZEP) participation in the latest Meeting of the Contracting Parties to the London Protocol, this article explains how the legal framework for cross-border CO₂ transport and offshore storage has evolved, where it stands today, and how it connects to the upcoming EU framework for CO₂ transport andContinue reading “From barrier to enabler: the role of the London Protocol in advancing CCS across Europe”
Financing CCS projects: takeaways from the ZEP-ING workshop
Financing carbon capture and storage (CCS) projects was the focus of a workshop hosted by Zero Emissions Platform (ZEP) in partnership with ING on 27 November 2024 in Brussels, Belgium. The event convened 30 experts from industry, research, civil society, the financial sector, and public authorities to discuss financing mechanisms for CCS and the roleContinue reading “Financing CCS projects: takeaways from the ZEP-ING workshop”
ZEP supports the EU ETS revision’s condition for permanent storage through CCU
Read ZEP’s response to the inclusion of permanent CCU in the revision of the EU ETS.
ZEP response to the consultation on the revised Climate, Energy & Environmental Aid Guidelines
ZEP responded to the consultation on the revised Climate, Energy and Environmental Aid Guidelines (CEEAG), highlighting that the guidelines need to be updated and aligned with the market developments and the more ambitious new climate agenda, the European Green Deal, the European Climate Law for climate neutrality by 2050, the EU Taxonomy for Sustainable Finance and linked initiatives.
Open letter on the need to include CO2 storage and multiple transport modalities in TEN-E Regulation
ZEP has signed an open letter from 27 leaders in industry, academia, and civil society on the need to include CO2 storage and multiple modes of CO2 transport in the revised TEN-E Regulation. CO2 transport and storage infrastructure is crucial to connect CO2 emitters to permanent geological storage of captured CO2.
A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth
Europe and the world are facing an unparalleled economic crisis as a result of the COVID-19 pandemic. Large public investments will need to be mobilised over the coming years to stimulate economic recovery. European recovery can go hand in hand with the ambitions of the European Green Deal – to reach net-zero GHG emissions byContinue reading “A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth”
CCS, CCU and European CO2 infrastructure: how low-carbon technologies can safeguard Europe’s industrial competitiveness
Breakthrough technologies CCS and CCU gain political momentum in European Green Deal
ZEP Press Statement on European Climate Law
Breakthrough technologies CCS and CCU gain political momentum in European Green Deal
EU CCS Plans Achieve Major Milestone for Clean Energy Future
9 May 2011 – Brussels, Belgium – Three years ago, the European Union pledged to become a leader in CO2 Capture and Storage (CCS), a technology which captures CO2 from power plants, refineries and other industrial facilities and stores it deep underground. The International Energy Agency (IEA) has calculated that CCS technology could account forContinue reading “EU CCS Plans Achieve Major Milestone for Clean Energy Future”