CCS policy in the EU: Will it pay off or do we have to go back to square one?

Abstract

The paper outlines the CCS policy in the EU and discusses its implementation. The European institutions established CCS as a key element in the package of policies aiming to realize climate change mitigation targets set by the EU. While the EU has developed a range of policies to support the development and deployment of CCS, their implementation in the member states faces obstacles. Some European countries question whether CCS should be deployed as a climate change mitigation option. For those member states which endorse CCS, the key difficulty that is yet to be overcome on the way to the commercial deployment is a development of the long-term incentives that would create a business case for CCS.