Domus Juridica, 6. etasje (kart)
Kristian Augusts gate 17
This thesis analyses the primary economic incentive for applying Carbon Capture and Storage Technologies in Europe: the European Union Emissions Trading System. Carbon capture and storage (CCS) represent a key climate mitigation technology in all the major emission pathways towards the Paris Agreement temperature targets. Major CCS projects are underway in Europe, with the Norwegian 'Longship'-project spearheading the development. Investment decisions from both the private parties and the Norwegian Government are now in place, aiming for operation launch in 2024. A significant part of the business model of these emerging 'cluster'-projects is how they rely on mobile CO2 transport to connect decentralised capturing points to a centralised pipeline and storage network.