Quotes

1. “ Because CO2 capture and storage adds costs and yields no revenues, government action is needed to support and stimulate investment quickly on a scale large enough to affect global emissions. ”

2. “ At the very least, companies should earn carbon credits for the CO2 they capture and store. ”

3. “ Yet in the absence of an accompanying transitional EU funding mechanism to incentivise private sector investment, large-scale CCS projects in Europe are likely to be delayed. ”

Entities Mentioned

• European Union
• Shell
• European Commission
• Reuters
• Brussels
• Greenpeace
• Royal Dutch Shell
• Belgium
• Commission
• Paul Taylor

1. BRUSSELS - The European Union must create rapid incentives to promote underground storage of carbon dioxide (CO2) to achieve its ambitious climate change goals, the head of oil major Royal Dutch Shell said on Monday. (Read Full Article)
   
   

   Related Articles

   • Shell Urges EU To Speed Up Legislation On Carbon Storage Systems
   • also mentions Belgium
   • Shell wants developing nations in carbon market
   • also mentions Royal Dutch Shell
   • Head Of Australian Carbon Capture And Storage Program Welcomes ...
   • also mentions Shell
   • Welcome to the Carbon Capture and Sequestration Panel Blog!
   • also mentions Greenpeace
   • Interview: Shell wants public money for CO2 sequestration
   • also mentions Commission

   • (afx Uk Focus) 2008-04-07 12:49 GMT: Shell CEO calls for governments to adopt incentives for carbon capture storage
   • also mentions Brussels
   • Advertisement starts
   • also mentions Reuters
   • Shell seeks European help in developing carbon storage
   • also mentions European Union
   • EU moves to fast-track "clean coal" proposals
   • also mentions Paul Taylor
   • EU Moves To Fast-Track "Clean Coal" Proposals
   • also published in Planet Ark

Login to comment.