Poland needs carbon capture and storage to decarbonise heavy industry, but CCS will only scale if the full system becomes bankable

Poland has the industrial need, geological storage potential, and early-stage projects for carbon capture and storage (CCS) – but not yet the conditions to make it scale.  A new report from Clean Air Task Force (CATF), Achieving Systemic Bankability of Carbon Capture and Storage in Poland, provides a roadmap to move from early-stage carbon capture and storage projects to large-scale facilities, drawing on the systemic bankability framework. Carbon capture and storage can help cut CO₂ emissions from industrial processes that are difficult to decarbonise fully through electrification, including those in…

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Industrial Decarbonisation Bank must deliver operating projects, not just award funding, CATF says

The European Union’s announced €100 billion Industrial Decarbonisation Bank (IDB) is a significant step; its ultimate success depends on how well it is designed to move projects into active operation, Clean Air Task Force said in a new report published today. The report lands days before the European Commission’s 17 July package, which is expected to bring forward the EU ETS revision, the Electrification Action Plan and a proposal for the IDB itself. With the IDB expected to draw a share of its funds from additional ETS revenues, its design…

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New report finds significant energy sector methane reductions achievable across Africa and Latin America, but enabling conditions are key

A new report commissioned by Clean Air Task Force (CATF) and produced by Carbon Limits finds that substantial methane emissions reductions are achievable across nine major oil and gas producing countries in Africa and Latin America using existing technologies, and in many cases at relatively low cost. But the analysis also finds that abatement costs vary considerably across countries, shaped by infrastructure availability, regulatory frameworks, gas utilization opportunities, and access to financing. The report, Methane Abatement in the Oil and Gas Sector: Costs and Opportunities for Key African and Latin…

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Strong Member State enforcement needed as oil and gas falls short on CO₂ storage target

On the 28 of May, the European Commission published its first report on the progress made towards reaching the Union-wide target of 50 million tonnes of annual CO2 injection capacity by 2030. The report finds that, based on currently submitted plans, obligated entities would deliver less than two thirds of the target, with 29 MtCO2 injection capacity per annum by 2030.   “The Commission’s assessment confirms that oil and gas obligated entities are currently not on track to deliver the CO₂ injection capacity needed by 2030. As long as delaying delivery remains cheaper than complying with the obligation, deployment will continue to lag behind Europe’s climate and…

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California could cut 2045 electricity costs by up to $44 billion a year by investing in next-generation geothermal, finds new CATF report

A new report from Clean Air Task Force (CATF) finds that next-generation geothermal energy could dramatically reduce the cost of achieving California’s clean energy goals, but only if the state acts now to remove critical development barriers. The report, “Build Here: How Targeted State Investment in Geothermal Can Fil California’s Clean Firm Gap,” calls on California to fund an in-field testbed program to explore and map the subsurface across high-potential geologic regions, generating the data needed to unlock large-scale private investment in next-generation geothermal development. California has ambitious clean energy…

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