EU bets on carbon capture to smooth bumpy green transition

February 08, 2024

The European Union is betting heavily on storing carbon to facilitate a less painful green transition, as it grapples with a barrage of resistance to its climate policies. Accelerating the deployment of carbon capture and storage technologies would enhance "the competitiveness of our industry" and "ensure that the transition is done in a socially fair manner", he said. "You can only get so far with renewable electrons and with renewable hydrogen, and you cannot get to the last mile," said Joop Hazenberg, EU director at the Carbon Capture and Storage Association. Carbon capture is not an "easy way out", Hazenberg told AFP, adding: "It's extremely expensive to do." "Carbon capture must be the last-resort tool to seize emissions for which no other decarbonisation options are available," said Riccardo Nigro of the European Environmental Bureau.

The source of this news is from Tuoi Tre News

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