Publications » Position papers » CCS and CCU: Breakthrough technologies for EU’s industrial transition to a climate neutral future
CCS and CCU: Breakthrough technologies for EU’s industrial transition to a climate neutral future
The upcoming EU Industrial Strategy will be critical to enable European industry’s contribution to the 2050 goal and to build a prosperous and sustainable economic future for Europe.
We call on the European Commission to consider all options for reducing emissions, including Carbon Capture and Storage (CCS) and Carbon Capture and Use (CCU), as effective climate mitigation measures. In combination and synergy with renewable energy carriers, such as carbon-neutral electricity and hydrogen, CCS and CCU are essential to achieve net zero GHG emissions in Europe while maintaining a competitive, growing and innovative European industrial base. These technologies can contribute to preserving industrial activity in the continent and are a key enabler of new products and technologies. Consequently, it will help preserve jobs in existing industries and create new employment opportunities in those new industries, employing Europe’s future workforce.
Brussels, 05 August 2020 – The COVID-19 pandemic has slashed steel consumption forecasts as well as the overall economic outlook across the EU and the world. Shutdown measures implemented by governments starting from March 2020 hugely impacted manufacturing activity and steel-using industrial sectors – with future data likely to show further sharp declines as it becomes available.
Third quarter 2020 report
Carbon Direct Avoidance: pathway and projects.