CO2 Value Europe (CVE) is advocating for the “defossilisation” of these sectors by promoting the creation of a circular carbon economy based on the principle of Carbon Capture and Utilisation (CCU). CCU represents a large set of technologies able to capture carbon at point sources or in the atmosphere and use it as feedstock to produce non-fossil fuels, chemicals and building materials.
Depending on the context, these technologies can reduce or avoid greenhouse gas emissions; and, in some circumstances, generate negative emissions via Carbon Dioxide Removal (CDR) when CO2 from the air or from biogenic processes is sequestered permanently in products in a way that it is not reemitted under normal use and end-of-life of the product.
CVE has developed the first quantitative assessment on the crucial role CCU will play in reaching climate neutrality in Europe. This two-year exercise has been carried out with international industrial, technological, economical, and academic experts on CCU and related subjects to understand and quantify the potential of CCU, but also to describe the main parameters and key uncertainties associated with the upscaling of these technologies.
