Carbon Capture’s Biggest Problem Isn’t Capturing Carbon
Russia Receives First Gasoline Cargo From India as Fuel Shortages Spread Leon Stille has a background in energy sciences (MSc and BSc) and is pursuing a PhD in energy policy.
He currently runs his own company,… Carbon capture is still debated as if technical performance were the decisive question.
Can a solvent remove carbon dioxide from flue gas? Can the CO2 be compressed, transported and injected underground? Will the storage remain secure? These questions matter, but they no longer explain why most announced projects do not reach construction.
The missing component is usually commercial.
A cement plant can capture carbon and still lose money on every tonne.
A storage site can be technically ready and remain empty without contracted volumes.
A pipeline can lower costs for an industrial cluster but cannot be financed if every emitter waits for someone else to move first.
Carbon capture will not scale where the technology is most impressive.
It will scale where the contracts make the system investable.
Europe’s Ambition Is Far Ahead of Its Market The European Commission’sIndustrial Carbon Management Strategysets the scale of the challenge.
The EU aims for at least 50 million tonnes of annual CO2 storage capacity by 2030.
Its modelling points toward roughly 280 million tonnes of captured CO2 per year by 2040 and around 450 million tonnes by 2050.
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