CCU and CCS push gains momentum in EU Net Zero Industry Act

An alliance comprising industry leaders, environmental advocates, and policymakers is urging the European Union to include Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS) technologies in the Net Zero Industry Act (NZIA) as strategic net-zero technologies.

The joint statement stressed that CCU technologies play in reducing greenhouse gas emissions and the production of renewable fuels.

“CCU is of strategic importance to reach net zero objectives, and should be recognised as such also in the NZIA, considering that its relevance has been acknowledged by recent legislations and by EU funding mechanisms – in the EU Innovation Fund’s third call for large-scale projects from July 2023, out of 41 projects selected, at least 10 projects were about CCU,” the letter said, adding that these technologies will support EU’s hydrogen goals and replacement for fossil-based products.

Within the Net Zero Industry Act, The distinction between the classification of “net-zero technologies” and “strategic net-zero technologies” is evident. National authorities place emphasis on the latter, simplifying permitting procedures, public procurement, and financial access. Additionally, these technologies are supported by an ambitious 40% annual manufacturing target within the European Union.

The signatories include the European Chemical Industry Council (Cefic), The European Cement Association (Cembureau), Cewep, CO2 Value Europe, ECFD, eFuel alliance, Eurogas, Eurofer, FuelsEurope, Methanol Institute, Renewable Carbon Initiative, and UPEI.

Related Posts
Others have also viewed

Meet the trailblazing women collaborating to save the ocean and increase gender diversity in STEM

In Mauritius, Scotland, Manchester, London, and Australia a group of award-winning women scientists and experts ...

STUDY: UK transport and logistics industry faces sustainability gap admist AI adoption

HERE Technologies, the leading location data and technology platform, today unveiled insights from its latest ...

Einride, Mars partner for Europe’s biggest road freight electrification in FMCG industry

Einride, a freight mobility company that provides digital, electric and autonomous technology, has partnered with ...

BCG and Climeworks sign historic 15-Year carbon removal agreement

Climeworks, a global leader in carbon removal via direct air capture technology, and Boston Consulting ...