Launch of a new European alliance for CCS

Alliance named Carbon Capture & Storage Europe brings together a wide range of companies and organizations. Members of the coalition are: Aker Carbon Capture, Baker Hughes, Bellona, Clean Air Task Force, Confederation of European Waste-to-Energy Plants (CEWEP), CO2 management, Danish Shipping, Dow, European Lime Association (EuLA), General Electric (GE) and Novozymes. The alliance was announced at an event in the European Parliament to support the spread of CCS in Europe. CCS Europe is a collective of technology providers, project developers, industry experts and environmental NGOs whose mission is to support the deployment of carbon capture technologies to limit industrial CO2 emissions and minimize the amount of CO2 that has already entered the atmosphere. The aim of CCS Europe is to encourage European and national policy makers to create regulatory and financial instruments that will attract the necessary investment in this area. The organization primarily focuses on energy-intensive and hard-to-reduce industries that are unable to eliminate CO2 emissions by means other than capture. CCS is the process of capturing carbon dioxide (CO2) emissions from large point sources such as power plants and industrial facilities and storing them underground or in other long-term storage solutions. The process involves three steps: capturing CO2 from the source, transporting it to a storage location, and storing it safely and permanently. Captured CO2 can be stored in geological formations such as depleted oil and gas deposits, salt reservoirs or in the ocean. CCS plays an important role in mitigating climate change by reducing the amount of CO2 released into the atmosphere. It enables the continued use of fossil fuels and at the same time reduces their impact on the environment. (Jasmina Ovcina Mandra)