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Revamp of EU carbon market must spur investment in CO2-capture technologies, report says

By Laurel Henning ( January 2, 2014, 08:46 GMT | Insight) -- The EU’s emissions trading system is proving inadequate to spur investment in technologies to “capture” and store carbon dioxide in Europe, a consultation report by the European Commission said. The absence of a strong business case for the technology — as well as public opposition — remain the main stumbling blocks to progress on carbon capture and storage.The EU’s emissions trading system is proving inadequate to spur investment in technologies to “capture” and store carbon dioxide in Europe, a consultation report by the European Commission said. The absence of a strong business case for the technology — as well as public opposition — remain the main stumbling blocks to progress on carbon capture and storage, or CCS....

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