CCSA welcomes the publication of the Industrial Carbon Management Strategy

Today, the European Commission published its ground-breaking Industrial Carbon Management Strategy, marking a pivotal moment in the EU’s plans to fight climate change.

The Industrial Carbon Management (ICM) Strategy, unveiled by the European Commission, positions Carbon Capture, Utilization, and Storage (CCUS) technologies as central to the European Union’s climate policy.

This strategic move underscores the critical role of CCUS in achieving the ambitious goal of Net-Zero emissions by 2050.

Speaking on the significance of the ICM Strategy, Joop Hazenberg, EU Director of the CCSA, expressed, “The Industrial Carbon Management Strategy is an important leap forward towards establishing CCUS in Europe. We applaud the European Commission for championing CCUS and fostering an environment conducive to increased investments in European projects, which the strategy acknowledges are critical to achieving EU CO₂ reduction targets and securing the future of European industries.”

Key Highlights:

• Annual capture of 450 million tonnes of CO₂ by 2050
• Standards for CO₂ transport and storage
• EU-wide CO₂ storage atlas

This strategic framework sets a clear path for the deployment and scaling of CCUS technologies, ensuring Europe’s transition to a sustainable and Net-Zero future.

Link to article can be found here