BRIEFING: How to derisk the European CCUS value chain

Published 16:40 on October 25, 2024  /  Last updated at 16:40 on October 25, 2024  / /  EMEA, EU ETS

The Net Zero Industry Act (NZIA) and EU ETS combo could unlock European CCUS projects — if public authorities step up to help derisk the value chain, for example through government guarantees.

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Key EU lawmaker lays out vision for Clean Industrial Deal, points to possible compromise

Published 17:06 on October 18, 2024  /  Last updated at 17:22 on October 18, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Leveraging future EU ETS revenues, de-risking low-carbon investments, and advancing CBAM should all be part of an EU Clean Industrial Deal, the former chair of the European Parliament’s environment committee told an industry event this week, pointing at potential compromise in the EU.

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INTERVIEW: Europe’s net-zero agenda must get to grips with geopolitics

Published 10:53 on October 8, 2024  /  Last updated at 10:53 on October 8, 2024  / /  EMEA

Geopolitical risk must be put at the heart of government and business decisions for Europe to retain its climate leadership and succeed in bringing down emissions, a German climate, energy, and security expert told Carbon Pulse.

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EU applies ‘resilience criteria’ to bolster domestic cleantech

Published 17:10 on September 27, 2024  /  Last updated at 17:10 on September 27, 2024  / /  EMEA

The European Commission will apply a 25% cap on sourcing electrolyser stacks from China in the next auction of its Hydrogen Bank, but local content requirements remain controversial, participants heard at the EU’s cleantech summit this week.

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European CO2 storage body could mitigate CCS risks -report

Published 19:37 on September 24, 2024  /  Last updated at 19:37 on September 24, 2024  / /  EMEA

The risks of geological carbon storage could be mitigated by more government involvement, EU-set CO2 purity standards, and third-party verifiers, according to an environmental research institute.

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European utilities push back on “disruptive” electricity market reforms

Published 18:20 on September 13, 2024  /  Last updated at 18:20 on September 13, 2024  / /  EMEA

Measures to lower electricity prices for European industry to drive their global competitiveness, could severely dampen the business case for investments in clean power, warned European electricity trade association Eurelectric this week.

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Germany unveils long-awaited tender plans for new gas power plants

Published 20:30 on September 11, 2024  /  Last updated at 20:30 on September 11, 2024  / /  EMEA

The construction of 5 GW and modernisation of 2 GW of “hydrogen-ready” gas power plants could start being put out to tender in Q1 2025, the German government announced with a consultation launched on Wednesday.

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Germany rejects 215,000 emissions reductions units from eight projects in China

Published 17:22 on September 6, 2024  /  Last updated at 01:21 on September 7, 2024  / /  Asia Pacific, China, EMEA, Voluntary

The German Federal Environment Agency (UBA) has rejected 215,000 tonnes of new emissions reduction certificates from eight upstream oil and gas projects in China due to “irregularities”, it announced on Friday.

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INTERVIEW: Ethanol lobby group pitches ‘fermentation CCS’ as low-cost carbon removal technology

Published 15:44 on July 22, 2024  /  Last updated at 15:44 on July 22, 2024  / /  EMEA, International, Voluntary

A global bioethanol alliance says biogenic CO2 from fermentation can be stored at a cost of less than €100 per tonne. So why is it not on the IPCC’s list of carbon removal technologies?

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Germany ‘lagging far behind’ on ETS2 implementation, gas industry warns

Published 16:21 on July 16, 2024  /  Last updated at 16:21 on July 16, 2024  / /  EMEA, EU ETS

The amended Climate Protection Act that was signed into law in Germany on Monday puts pressure on the government to define guidelines for the introduction of the EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2), according to the country’s gas industry association.

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