Europe in danger of losing race to commercialise CCS

"It is a sign that Europe is losing the race for CCS commercialisation, which will be a major missed economic opportunity," said Stephen Tindale, associate fellow at the Centre for European Reform....In a draft report seen by Utility Week, Tindale said CCS should be mandatory for all new coal power stations and the EU Emissions Trading Scheme reformed to boost the carbon price. Following the latest news, he said the European Commission also had to find alternative sources of funding.