Terms of reference : support to the open public consultation on carbon capture and storage

The European Union's GHG reduction target of 55% by 2030, and the climate neutrality objective by 2050 enshrined in the European Climate Law will require the deployment of all low carbon technologies and solutions. All credible scenario modelling shows that Carbon Capture and Storage (CCS) will be needed to meet the goals set out in the Paris Agreement. In particular, CCS is one of the key options to address emissions in energy-intensive industries such as cement, iron and steel, and the chemical sector. Given the above consideration, CCS technologies have been re-gaining momentum Also for the current green industry plan under development CCS is an important issue. In October 2022, EU energy chief, Kadri Simson, announced that the European Commission will propose a strategy for CCUS with the aim to clarify rules and give certainty to investors. An Open Public Consultation on the topic will be launched shortly and should provide the Commission with important viewpoints.