The potential for CO2 capture and storage in EU refineries

CO₂ capture and storage (CCS) are seen as one of the most promising routes to a major reduction in CO₂ emissions to the atmosphere. Its deployment on a large scale would make it possible to continue using fossil energy resources while meeting the challenging emission reduction targets that are widely believed to be necessary to avoid serious climatic consequences.

A 2009 McKinsey report states that CCS is the largest single lever for abating oil and gas emissions if enough resources—both in terms of capital and engineering capacity — are made available.