Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297752 
Authors: 
Year of Publication: 
2024
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 104 [Issue:] 5 [Year:] 2024 [Pages:] 310-313
Publisher: 
Sciendo, Warsaw
Abstract (Translated): 
With its Industrial Carbon Management Strategy, the European Commission has defined an initial framework for the future promotion of CO2 capture, storage and use in the EU. In particular, negative emission technologies like direct air capture promise to play a key long-term role on the path towards a climate-neutral Europe. However, timely capacity building requires an early technology uptake, which is currently impeded by various market obstacles, including learning externalities, coordination failure and the lack of a stable revenue perspective. Under these conditions, clear priorities and support measures are needed to create a genuine internal market for CO2. A successful strategy should be based on three pillars: the promotion of negative emissions via carbon-contracts-for-difference, standards and coordination devices for the EU-wide development of a carbon infrastructure as well as the establishment of technology partnerships at the global level.
Subjects: 
Treibhausgas-Emissionen
CO2-Speicherung
EU-Staaten
JEL: 
Q54
Q58
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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