Denmark and France Join Forces on Carbon Capture and Storage (CCS)

Denmark and France signed a groundbreaking agreement on March 4th to collaborate on carbon capture and storage (CCS) technology. This partnership aims to accelerate the development of an international CCS industry and contribute to the EU's goal of achieving carbon neutrality by 2050. Both Denmark and France recognise the vital role CCS plays in reaching their climate targets. Danish Minister for Climate, Energy, and Utilities, Lars Aagaard, highlighted the importance of CCS, stating: "Carbon capture and storage is a necessary tool when paving the way to our international climate goals, but we need it in a much bigger scale than it is today."

This agreement paves the way for the transportation and storage of CO2 across borders. Denmark, with its established storage capacity and ongoing investments in CCS infrastructure (nearly $4 billion allocated in 2023), is a key player in storage solutions. France, focusing on accelerating CCS deployment, views collaboration with Denmark as crucial in achieving its ambitious storage targets.

French Minister Delegate for Industry and Energy, Roland Lescure, expressed the significance of the partnership, stating: "This cooperation between France and Denmark is a major step forward in the fight against climate change. By working together, we can achieve European climate neutrality by 2050." The Denmark-France CCS agreement sets a precedent for international cooperation in this vital technology. As the EU strives for climate neutrality, this collaboration demonstrates the collective effort and innovative solutions needed to achieve a greener future.

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