The article is a result of scientific work in the ECCO project, a project which received funding from the European Community`s Seventh Framework Programme (FP7/2007-2013).

The main objective of the project was to facilitate strategic decision making regarding early and future implementation of CO₂ value chains. Europe is the world region with the most comprehensive pricing of CO₂ emissions. Yet, CCS is not widespread. ETS is leading the way, but provides insufficient investment security. Other incentives are thus needed. This article looks at a range of alternative ways to stimulate investments in CCS – without putting the burden on public budgets. If general CCS incentives are not politically feasible, specific incentives aimed at CO₂ for enhanced petroleum production (CO₂-EOR) could be considered. The article also covers the current legal regime, regulatory framework and the overall organization of the CO₂ value chain.

See a presentation of the report here.