Regulatory framework for CCS in the Nordic countries

Regulatory framework for CCS in the Nordic countries PDF Author: Möllersten, Kenneth
Publisher: Nordic Council of Ministers
ISBN: 9289376236
Category : Political Science
Languages : en
Pages : 71

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Book Description
Available online: https://pub.norden.org/temanord2023-521/ All Nordic countries have set ambitious targets to achieve net-zero greenhouse gas emissions through various national goals and legislation. Carbon Capture and Storage (CCS) has a key role in strategies to achieve net-zero emissions through mitigating emissions from fossil fuels and removing CO2 permanently from the atmosphere. This project aimed to analyse regulatory aspects that are relevant for deployment of CCS-based mitigation options in a Nordic context. The report identifies similarities and differences between the Nordic countries concerning CCS regulation, barriers to CCS deployment due to regulatory frameworks, and currently ongoing regulatory development aimed at promoting responsible CCS deployment. Recommendations are provided concerning areas where further development, coordination, and capacity building might be prioritised by the Nordic countries.

Regulatory framework for CCS in the Nordic countries

Regulatory framework for CCS in the Nordic countries PDF Author: Möllersten, Kenneth
Publisher: Nordic Council of Ministers
ISBN: 9289376236
Category : Political Science
Languages : en
Pages : 71

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Book Description
Available online: https://pub.norden.org/temanord2023-521/ All Nordic countries have set ambitious targets to achieve net-zero greenhouse gas emissions through various national goals and legislation. Carbon Capture and Storage (CCS) has a key role in strategies to achieve net-zero emissions through mitigating emissions from fossil fuels and removing CO2 permanently from the atmosphere. This project aimed to analyse regulatory aspects that are relevant for deployment of CCS-based mitigation options in a Nordic context. The report identifies similarities and differences between the Nordic countries concerning CCS regulation, barriers to CCS deployment due to regulatory frameworks, and currently ongoing regulatory development aimed at promoting responsible CCS deployment. Recommendations are provided concerning areas where further development, coordination, and capacity building might be prioritised by the Nordic countries.

Policy Brief: Nordic Stocktake and Visions – Pathways to Climate Neutrality

Policy Brief: Nordic Stocktake and Visions – Pathways to Climate Neutrality PDF Author: Lind, Andreas
Publisher: Nordic Council of Ministers
ISBN: 9289377070
Category : Business & Economics
Languages : en
Pages : 22

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Book Description
Available online: https://pub.norden.org/nord2023-037/ This policy brief highlights the main takeaways from the project “Nordic Stocktake and Visions – Pathways to climate neutrality”. The project has resulted in two main reports: Nordic Stocktake – Pathways to Climate Neutrality & Nordic Visions of Climate Neutrality. The Nordic Stocktake concludes that the Nordics need to accelerate the green transition, especially within transport, industry and agriculture. Countries that have the tools, know-how and institutional and financial capacity can demonstrate mitigation options in all sectors. The project's visions of a climate neutral Nordic society is not just only about emission reductions and technology. The net zero transformation creates opportunities, jobs and spurs investments and innovation. Nordic climate neutral societies are in social and environmental balance. A smarter society with inclusive democracy and long-term policies.

Nordic Stocktake – Pathways to Climate Neutrality

Nordic Stocktake – Pathways to Climate Neutrality PDF Author: Lind, Andreas
Publisher: Nordic Council of Ministers
ISBN: 9289377178
Category : Political Science
Languages : en
Pages : 151

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Book Description
Available online: https://pub.norden.org/temanord2023-545/ The UNFCCC Global Stocktake will be conducted during COP28 in December 2023. The Nordic Stocktake report is intended as a regional tool to support the Global Stocktake process and spur to further climate action, both within the Nordics and beyond. The Nordic region needs to increase the pace of the green transition if we are to lead by example. The report is a stocktake of GHG emissions in the Nordic countries, and a description and assessment of the different national pathways towards climate neutrality in the Nordic region. Many of the challenges on the path towards climate neutrality are not unique to the Nordic countries and solving these in the Nordic region – in countries well-positioned to do so – would prove valuable for global climate action. The report highlights common challenges across the Nordic countries and proposes opportunities for further cross-Nordic collaboration.

The Road towards Carbon Neutrality in the different Nordic Countries

The Road towards Carbon Neutrality in the different Nordic Countries PDF Author: Pedersen, Jakob Louis
Publisher: Nordic Council of Ministers
ISBN: 9289367555
Category : Science
Languages : en
Pages : 74

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Book Description
Available online: http://urn.kb.se/resolve?urn=urn:nbn:se:norden:org:diva-6010 “The aim of the Nordic countries is to be carbon neutral and to demonstrate leadership in the fight against global warming.” These were the words of the Nordic prime ministers in their declaration at a summit in Helsinki as part of active Nordic climate co-operation under the auspices of the Nordic Council of Ministers. Each of the five Nordic countries has national goals for becoming carbon neutral before or by mid-century. In the Helsinki Declaration the Nordics committed themselves to assess the scenarios for how the different Nordic countries can achieve their respective carbon neutrality goals, including implications for various sectors. The aim of this study is to contribute to making this assessment possible and to highlight areas where co-Nordic initiatives can strengthen the Nordic countries’ aims towards carbon neutrality.

Policies for the promotion of BECCS in the Nordic countries

Policies for the promotion of BECCS in the Nordic countries PDF Author: Möllersten, Kenneth
Publisher: Nordic Council of Ministers
ISBN: 928937117X
Category : Technology & Engineering
Languages : en
Pages : 63

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Book Description
Available online: https://pub.norden.org/temanord2021-538/ Several Nordic countries and the EU have adopted net-zero greenhouse gas emission targets. Achieving net-zero will necessitate CO2 removal from the atmosphere to offset residual emissions that are challenging to mitigate. Bioenergy with CO2 capture and storage (BECCS) is a technology that has the potential to generate large-scale CO2 removal and contribute to the attainment of net-zero targets. The report describes the status of BECCS in the Nordic countries and globally. Significant initiatives in the Nordic countries are mapped. Challenges on the market that inhibit BECCS development are analyzed and areas of cooperation and joint initiatives on the Nordic level that could promote the development and deployment of BECCS are proposed. The project has been carried out by IVL Swedish Environmental Research Institute in collaboration with CICERO (Norway) and VTT (Finland).

Regulatory Gaps in Baltic Sea Governance

Regulatory Gaps in Baltic Sea Governance PDF Author: Henrik Ringbom
Publisher: Springer
ISBN: 3319750704
Category : Law
Languages : en
Pages : 219

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Book Description
The focus of this publication is the uniqueness of the Baltic Sea from a legal perspective, and the regulatory voids that result from the multiple layers of regulation this area is subjected to: up to six layers of regulation (general international law, regional conventions, EU law, national laws, local and municipal rules plus a whole range of non-binding norms and other 'soft law' arrangements) act in parallel. However, a large number of rules or regulatory layers does not in itself ensure effectiveness or consistency. When the regulatory landscape is approached from the point of view of individual substantive topics, it is apparent that the norms of different regulatory layers entail both overlaps, gaps and uncertainties, differently for each topic. This publication addresses a selection of topics that are decidedly international in nature, but for which current international and EU rules include important gaps or uncertainties. In addition to presenting a set of legal analyses of topical issues for the region, which in itself is a meritorious objective in view of the relative scarcity of legal studies with a focus on the Baltic Sea, the publication also seeks to analyze the regulatory 'anatomy' of the selected issues in more detail. Through the legal analyses the chapters explore how regulatory gaps are formed, how they are filled, how the rules of the different layers work together and interact with each other in the selected areas. Accordingly, the secondary ambition is to explore, through the chapters, whether more general conclusions can be drawn about the nature of the regulatory gaps and multi-layerism in order to produce a better understanding of how regulations on multiple levels operate in practice.

Financing of CCS Demonstration Projects - State Aid, EEPR and NER Funding - An EU and EEA Perspective

Financing of CCS Demonstration Projects - State Aid, EEPR and NER Funding - An EU and EEA Perspective PDF Author: Jonas W. Myhre
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The EU's environmental commitment is firmly stated in Article 191 TFEU (ex Article 174 TEC) Establishing a "high level of protection" the "precautionary principle" and that "the polluter should pay". This was i.a. followed up by the recognition by the European Council of 8 and 9 March 2007 of the vital importance of achieving the strategic objective of limiting the global average temperature increase to not more than 2 degrees C above pre-industrial levels. It was also made an independent commitment on part of EU to achieve at least a 20% reduction in greenhouse gas emissions by 2020 compared to 1990 The European Council further adopted an Energy policy for Europe (EPE). As part of the EPE the Member States and the European Commission (Commission) were urged to work towards developing the necessary technical, economic and regulatory framework to bring environmentally safe carbon capture and sequestration storage (CCS) to deployment with new fossil-fuel power plants, if possible by 2020. In this connection the European Council welcomed the intention of the Commission to establish a mechanism to stimulate the construction and operation by 2015 of up to 12 CCS demonstration plants. As from this European Council one may say that CCS became an important element in achieving the committed to goal of 20% reduction of greenhouse gas emissions. In Norway, the coalition government and most of the opposition parties entered into a Climate agreement on 17 January 2008, based on the Government's recommendation of 22 June 2007. Here the broad lines of Norway's climate policy in the coming years were drawn up. This included i.a. that Norway was to become "carbon neutral" by 2030 reducing emission of greenhouse gases of 15-17 million tons CO2 equivalents by 2020 including the effect of forests. This implies that 2 3 of Norway's total emission reduction is to take place in Norway. Norway is to actively participate in international climate negotiations, based on the goal of a reduction of global temperature increase of less than 2 degrees C, compared to pre-industry level. It was further agreed to launch a CCS action plan. In the Council's conclusions on EU relations with EFTA countries of 14 December 2010 it is i.a. noted that the cooperation between Norway and the EU on environmental and climate change matters continues to be good. In spite of the general positive attitude towards applying state aid to CCS demonstration projects, Norway, as an EEA Member state, was the first state to commit state aid to CCS demonstration projects. In October 2010 the Commission authorised the Netherlands to provide State aid of EURO 150 million to a CCS project in Rotterdam. There are clear indications that several EU Member states are prepared to allocate state funds to CCS demonstration projects. The dependency on CCS, the urgency of establishing CCS demonstration projects and a recognised market failure as regards investments in such projects, create a pressure both on EU and EU funds and on EU and EEA Member states to provide funding. The EU has not limited itself to stating its favourable attitude towards state aid to CCS demonstration projects, but has launched primarily two projects facilitating financing of such projects. These are the European Energy Programme for Recovery (EEPR) with total funds of initially Euro 1,050 billion for CCS demonstration projects and the New Entrants Reserve (NER) providing for 300 million allowances being available partly for CCS, partly for renewable energy, demonstration projects. This article will describe and assess the divergent objectives and different conditions for obtaining financial support from state aid according to Article 107 (3) (b) and (c) TFEU Article 61 EEA, EEPR and NER funding. The interplay and possibility of cumulation of the different sources of financing, the question of a minimum financial commitment from the operator and possible required results concerning captured CO2 will be given special attention. The analysis attempts to answer to the question whether the total available aid addresses the market failure in a cost-efficient way, without unduly distorting competition and trade.

Carbon Capture and Storage in International Energy Policy and Law

Carbon Capture and Storage in International Energy Policy and Law PDF Author: Hirdan Katarina de Medeiros Costa
Publisher: Elsevier
ISBN: 0323853706
Category : Technology & Engineering
Languages : en
Pages : 430

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Book Description
Carbon Capture and Storage in International Energy Policy and Law identifies the main contemporary regulatory requirements, challenges and opportunities involving CCS from a comparative and interdisciplinary perspective. It draws on the scholarship of renowned researchers across the fields of international energy law and policy to address CCS regulation and its impact on climate change, sustainable development, and related consequences for energy transition. In this vein, the book aims to address issues related to energy, energy justice and climate changes (including CCS technology). Contributors discuss the main challenges and advantages concerning international energy and the forms CCS may contribute to energy security, climate change, adaptation and mitigation of GHG emissions and sustainable development. In this light, the book discusses CCS as a bridge that integrates international energy, climate change and sustainable development. Covers contemporary regulatory command-and-control and market incentive instruments across the local, regional and/or international spheres in-depth and in comparison Reviews deregulatory impacts, modern financing of CCS, liability of the involved parties, and pertinent environmental issues Addresses sociotechnical aspects of CCS and its specific impact on the international arena Discusses the interplay of carbon capture and storage, renewables and the overall energy transition, current pathways to sustainable development

Nordic Economic Policy Review 2019

Nordic Economic Policy Review 2019 PDF Author: Calmfors, Lars
Publisher: Nordic Council of Ministers
ISBN: 9289360895
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
The articles in the 2019 Nordic Economic Policy Review analyse how the Nordic countries best can contribute to international climate policy. The articles cover topics such as: How can the Nordics help raise the ambitions in the Paris Agreement? What is the effect of national policy on emissions regulated by the EU Emissions Trading System? Would it be cost-effective for the Nordic countries to pay for emission reductions elsewhere to a larger extent? What role should be played by subsidies to green technology? Should Norway put more emphasis on supply-side policies, that is, on limiting future extraction of oil and gas? The volume contains five papers with associated comments which were originally presented at a conference in Stockholm on 24 October 2018.

Nordic Co-operation Programme on Energy Policy 2022–2024

Nordic Co-operation Programme on Energy Policy 2022–2024 PDF Author: Nordic Council of Ministers Secretariat
Publisher: Nordic Council of Ministers
ISBN: 9289371552
Category : Science
Languages : en
Pages : 31

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Book Description
Available online: https://pub.norden.org/politiknord2021-731/ The Nordic energy ministers present a new Nordic energy policy co-operation programme for the period 2022–2024. The Nordic Region wants to be the most sustainable and integrated region in the world by 2030, and that is also the overall vision for co-operation on energy. A green transition of the Nordic societies will not be possible without a substantial green energy transition. As the Nordic energy systems are closely linked, working together on joint initiatives will lead to a green transition that is more cost-effective and socially sustainable than if the countries were each to achieve the goals individually. In 2020, the Nordic Council of Ministers for Energy Policy (MR-E) adopted seven focus areas as input into the action plan for Our Vision 2030. These will structure Nordic energy co-operation during the period covered by the programme and be at the heart of all of the work: - The green transition of the energy sector - Closer collaboration on research to aid the green transition - Nordic co-operation in the electricity market - Energy efficiency, technology and behavioural change - Working together on EU/EEA-related energy questions - Social acceptance of new energy plants and the green transition - The green transition of the transport sector.