How much will CCS contribute to reducing CO2 emissions in the EU?
The precise contribution will depend on the uptake of CCS. However, projections made for the impact assessment of the EC’s proposal for the directive show that, with CCS enabled under the ETS and assuming a 20% greenhouse gas reduction by 2020 and further significant progress towards our mid-century objective by 2030, seven million tons of CO2 could be captured in 2020, rising to around 160 million tons in 2030.
The precise contribution will depend on the uptake of CCS, but projections made for the Impact Assessment of the proposed directive show that, with CCS enabled under the ETS and assuming a 20% GHG reduction by 2020 and further significant progress towards our mid-century objective by 2030, 7 million tonnes of CO2 could be captured in 2020, rising to around 160 Mt in 2030. The CO2 avoided in 2030 would represent around 15% of the reduction required in Europe. Estimates for the potential global contribution are similar, in the order of about 14% by 2030. 11) What type of sites will be selected and how? There are two main kinds of geological formation that can be used for CO2 storage: depleted oil and gas fields, and saline aquifers (groundwater bodies whose salt content makes them unsuitable for drinking water or agriculture). Site selection is the crucial stage in designing a storage project. Member States have the right to determine which areas of their territory are free to be used fo
