Article

A study from the Energy & Strategy School of Management at Politecnico Milanese highlights that the EU's binding Carbon Capture and Storage (CCS) targets will require substantial funding, estimating €7.1 to €13.2 billion for the cement sector, €7 to €13.7 billion for gas power, and €5.8 to €13.2 billion for waste-to-energy over the next 15 years. Proposed financing through ETS certificate sales may divert investments from alternative technologies and renewable energy, while the study also calls for significant legal reforms to meet the EU's 2030 CO2 reduction goals, which appear challenging to achieve.