25 June 2014, Brussels, 13:00 - 14:30
Despite the low interest shown by a large number of Member States, and the perception that the momentum has been lost, carbon capture and storage (CCS) is now back on the Comission's agenda. CCS is viewed as a way of coping with stringent emissions commitments, as well as a means to avoid the perceived negative consequences on competitiveness that the abandoning of fossil fuels would have. But what is its potential for significantly reducing CO2 emissions, and how much investment would be realistically needed for it to be effective? Should Emission Trading Schemes (ETS) revenue be reallocated towards CCS investment, given the expansion in coal consumption, or does it make more sense to keep on funding the renewable sector? Does CCS technology have the potential to enhance the "coal revival", thereby extending the European economy's addiction to fossil fuels?
A Citizen’s Controversy with Chris Littlecott, Senior Policy Advisor at E3G, and Sander Van Egmond, Project Manager at the Utrecht Sustainability Institute, University of Utrecht.
The debate was moderated by Nancy Kontou, EU Affairs Consultant and former Head of Cabinet of Commissioner for Environment Stavros Dimas.