The European Commission unveiled its 2050 climate strategy on November 28th, saying the transition to “a climate neutral economy” with net-zero emissions by mid-century will be positive for the economy, despite the significant additional investments it will require.
Reaching net-zero emissions means not only decarbonising the electricity system but the whole energy system. And Carbon Capture and Storage (CCS) will be necessary to achieve that, writes Guloren Turan.
Carbon capture and utilisation (CCUS) offers “one of the greatest industrial opportunities” for Britain as the world pivots to a low-carbon economy, said Claire Perry, the UK's Energy and Clean Growth Minister.
Europe – and the warming planet – has lost precious time in developing carbon capture and storage (CCS), a fledgling technology seen as crucial to decarbonise heavy industry, warned scientists in a new report presented in Brussels last week.