Recommendations on Scaling Up Industrial Carbon Management
Read the full recommendations here.
Industrial carbon management (ICM) technologies are crucial for achieving the EU’s climate neutrality target by 2050, enabling emissions reductions while ensuring a globally competitive European economy.
However, fragmented policies at EU and Member State level, and the absence of a comprehensive regulatory framework, create uncertainty and delay investments in key projects.
Ahead of the CO2 Regulatory Package and building on the EU Industrial Carbon Management Strategy, Eurogas stresses the need to establish a robust and non-discriminatory CO2 market through the swift adoption and entry into force of a coherent legislative framework.
Drawing on its expertise in gas and hydrogen, Eurogas recommends balancing regulation and market flexibility to attract investment and drive industrial decarbonisation by focusing on the following priorities:
- Paving the way to make CCUS cost-competitive
- Deploying interconnected, cost-effective infrastructure for CO2 transport and storage
- Unlocking the full potential of CCU technologies
- Leveraging the potential of industrial biogenic CO2 to drive circular economy and the EU's decarbonisation
- Incentivising the role of carbon dioxide removals
- Recognising and incentivising the potential of solid carbon
Read the full recommendations to learn more about these priority areas.
