Carbon updates from the European Union

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News from the European Union

The European Union is moving to include geologic sequestration in the EU Emissions Trading system.  Recently, a draft Directive was approved by the European Commission, along with an accompanying analysis and Q&A.   The draft Directive sets out the conditions under which geological sequestration will qualify as an emissions reduction that will be able to be monetized through the EU Emissions Trading System.

· Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the geological storage of carbon dioxide

· Accompanying Analysis and Summary

· Questions and Answers on the proposal

                      •  Also available here in French

 

A very useful publicly-available news and analysis site of these aspects of EU developments is located at:

· News on EurActiv.com

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