Europe's $152 Billion 'Gamble' with Carbon Capture

GALWAY, IRELAND--October 23, 2024--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Unproven carbon capture and storage (CCS) technologies and prohibitive costs could lead to the European Union (EU) having to spend up to 140 billion euro (US$152 billion) in government support to realize its ambitious carbon reduction targets. Within this article: Details report on Europe's expensive "gamble" with carbon capture and storage technology, obstacles, costs, alternative view from the European Commission's annual CCS event for industry in France