Benefits of CCS

CCS projects are safe for people and the environment, and also generate concrete growth for the production districts that host them.

What is CO₂?

Carbon dioxide plays an essential role in sustaining life on earth, but its excessive concentration in the atmosphere is causing climate change. CCS helps us avoid further CO₂ emissions.

The increase of carbon dioxide in the atmosphere

Since the beginning of the Industrial Revolution, the concentration of CO₂ in the air has increased exponentially due to the use of fossil fuels in industry, transport and heating.

419 ppm

CO₂ concentration in 2022 (source: NOAA - National Oceanic and Atmospheric Administration)

278 ppm

CO₂ concentration at the end of the 18th century (source: EEA - European Environment Agency)

1,5 degrees Celsius

limit on max. global temp. rise under Glasgow pact

The role of CCS in decarbonization strategy

Carbon capture and storage (CCS) technologies are the most effective solution for immediately reducing emissions from hard-to-abate industrial operations.

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Decarbonizing to support growth and jobs

By reducing emissions from hard-to-abate industries, CCS keeps European companies competitive under ETS taxation, reducing the risk of relocation.

700 companies

operating in hard-to-abate sectors in Italy

1,270,000 jobs

in hard-to-abate sectors in Italy according to the study by The European House-Ambrosetti

24.78 euros

cost per tonne of CO₂ in the ETS (Emission Trading System) framework in 2020

>80 euros

cost per tonne of CO₂ in the ETS (Emission Trading System) framework in 2023

Growth and increased sustainability

CCS projects can generate growth and development opportunities because they make industrial activities more competitive by reducing their CO₂ emissions.

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