Denmark inaugurates first European “cemetery” of Co2

Denmark is the first country in the world to set up a cross-border CO2 landfill. This is Project Greensand, which will allow for the first time to capture one nation’s emissions and then store them in another. The gas is transported from Belgium through a technique that involves “holding” carbon dioxide before it is released into the atmosphere when it is produced, thereby preventing its future accumulation, to Denmark for later injection into a depleted oil field in the North Sea.

The project, in which various organizations cooperate with companies, universities, governments and start-ups, aims to store up to 8 million tons of CO2 safely and permanently throughout the year, with the first injection realized on Wednesday, March 8th. An amount equal to 40% of Denmark’s emissions reduction target by 2030 and more than 10% of the country’s annual emissions. “You show that we can grow our industry through innovation and competition, and at the same time eliminate carbon emissions from the atmosphere through creativity and cooperation,” Commission President Ursula von der Leyen said at the opening of the project. “This is what Europe’s competitive sustainability means,” he added, underscoring the need for a process such as CO2 capture and storage (CCS) to achieve global climate goals.

Indeed, Europe is increasingly looking to these new technologies as a way to achieve its goal of net zero emissions by 2050. “The science is clear. Industrial decarbonisation is a necessary part of our climate armament,” von der Leyen said. He added that this is “an important step towards European carbon neutrality”. The European effort will need to be substantial, given that the EU will need to store at least 300 million tonnes of CO2 per year by 2050 to meet the target set for that year, according to the European Commission’s estimates. Lars Aagaard, Danish Minister of Climate, Energy and Utilities, stressed that “without CO2 storage it is not possible to achieve global climate targets”.

To support the transition, funding for CCS projects has begun to flow again at the European level, confirmed by the fact that 24 industrial decarbonisation projects under the EU Innovation Fund have already received €2.8 billion. In addition, the new zero-emissions industry regulation EU Net-Zero Industry Law, due to be presented by the Commission on 14 March, will include these projects in the list of ‘critical technologies’ that will receive special treatment, resulting in faster approval and easier access to funds. “We have embarked on a mission to secure Europe’s industrial superiority, create good and meaningful jobs and fix our planet. Eliminating carbon is part of that mission,” von der Leyen said on Wednesday.

As Euractiv reports. Brian Gilvary of Ineos Energy, one of the 23 organizations managing the Greensand Project, shares the same view. “It’s impossible for the industry or the planet to become carbon neutral by 2050 without carbon sequestration,” he said. Also, according to Alessia Virone, director of EU affairs for the NGO Clean Air Task Force, Denmark’s success is a key event for Europe’s decarbonisation goals because it “will play a pivotal role in demonstrating the benefits of a coordinated effort to address the decarbonisation industry. Europe,” Virone said.

Source: Today IT