Christopher Jones | S2E3 | The case for CCUS in EU industrial decarbonisation

In the third episode of the FSR Policy Briefcase – Season 2, hosts Leonardo Meeus and James Kneebone are joined by Part-time Professor Christopher Jones (FSR) to explore ideas for a roadmap on CCUS transport infrastructure. Building on Christopher’s recent Policy Brief, the discussion unpacks some of the main challenges inhibiting the buildout of a CCUS sector, why it is nevertheless important to persevere, and what kind of financing innovations could be most effective to get the infrastructure built. The episode also touches on the wider debate around industrial decarbonisation solutions, the compatibilities of different climate and industrial policies, as well as the importance of good data! This episode was recorded in November 2024.

Read the full Policy Brief here: https://fsr.eui.eu/publications/?handle=1814/77197

00:00 Introduction
04:02 The elevator pitch: Making the case for CCUS to EU leadership
10:26 Comparing hydrogen and CCS development challenges
20:13 The challenge of decarbonising high-heat energy intensive industries
22:06 Carbon Contracts for Difference (CCfDs) as a solution
24:33 The Limits of Emissions Trading Systems
27:27 Technology Neutrality vs. Directed Policy Choices
30:26 Industrial Policy and Carbon Contracts for Difference
36:11 The Cement Sector as a Case Study
38:08 The Problem of Insufficient Data
44:24 Grid Balancing Options for 2040 and Beyond
48:14 European Hydrogen Bank and Local Content Requirements
49:00 Key Conclusions on CCS and Climate Targets
55:17 Closing Remarks