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Policy & Regulation

How to spur CCS development in Europe

Europe is falling behind on CCS development. Bellona Europa’s Director Jonas Helseth tells Interfax how to spur investment in the technology Europe is falling behind on CCS development. Bellona Europa’s Director Jonas Helseth tells Interfax how to spur investment in the technology.
By Annemarie Botzki 17 March 2015 Europe & Russia / Policy & Regulation 0 15550
Jonas Helseth, director of Bellona Europa and leader of the foundation’s work on CCS. (Bellona Europa)

Carbon capture and storage (CCS) is considered a vital component in reducing emissions, but the technology is not making any progress in Europe. While the dire financial situations of many European utilities are proving a setback, clear financial and environmental incentives are lacking too, Jonas Helseth, director of Bellona Europa and leader of the foundation’s work on CCS, told Interfax.

Interfax: Does CCS still have a chance in Europe? What are the main obstacles?

Jonas Helseth: The most important component of CCS is storage, and Europe has...