On Wednesday 20 December, the European Commission announced that it had authorised a €350 million Danish State aid scheme to support investment in carbon capture and storage projects.
The scheme will be open to all technologies enabling the capture, transport and permanent geological storage of CO2 emitted by biogenic sources or CO2 from the ambient air.
The selected beneficiaries will receive the aid in 2024 in the form of direct grants through a tender procedure. It will be granted...