Yara is delivering on CCS. European policy must catch up.
News Source : EURACTIV
News Summary
- Carbon Capture and Storage (CCS) is vital for industrial decarbonization.
- Yara leads with a major CCS project, but EU policy must urgently be completed to create a viable business case for low-carbon production.
- The EU’s Low-Carbon Fuels Delegated Act is only one of the missing pieces before a real market for CCS products can develop.
- The technologies are available, but infrastructure must be further expanded to facilitate a well-functioning market for CO2.
In the Communication on the 2040 climate target and its impact assessment, the Commission recognized that removing and sequestering carbon is an essential tool to fight climate change. The EUs new in [+4388 chars]
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