Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-199"
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"en.20081217.16.3-199"2
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"Promoting the technologies used for the capture and geological storage of carbon dioxide will help to diversify efficient energy and support the battle against climate change. In order to achieve a 50% reduction in CO
emissions by 2050, the use of energy from renewable sources is not sufficient to attain this target without also considering CCS projects.
This will present a challenge to the European Union, bearing in mind the increased costs from the capital investment in capture and storage equipment, which will, however, fall as this equipment will be used on a large scale. For this reason, these demonstration projects are not mandatory as they depend to a large extent on the price of carbon and the technology. However, the EU has taken an important step towards finding alternative solutions which will help reduce the level of greenhouse gases. Indeed, the implementation of these future projects will encourage other countries outside the EU as well to use these technologies."@en1
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