In this article ENEL-ITThe CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution.
The European Commission, the EU's executive arm, has described carbon capture and storage as a suite of technologies focused on "capturing, transporting, and storing CO2 emitted from power plants and industrial facilities."
The Commission has said the utilization of carbon capture and storage is "important" when it comes to helping lower greenhouse gas emissions.
Climate researchers, campaigners and environmental advocacy groups, however, have long argued that carbon capture and storage technologies prolong the world's fossil fuel dependency and distract from a much-needed pivot to renewable alternatives.
Consolidated installed renewable capacity, or capacity that is directly owned by Enel, is expected to reach 129 gigawatts by 2030.
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European Commission, Consolidated