Harnessing potential of biological CO2 capture for Circular Economy
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Finland
The new Government programme (June 2023) highlights the role of BECCS
- Finland aims to promote the capture of all carbon dioxide and make it easier to recognise the capture and use of wood-based carbon dioxide in EU climate policy.
- The capture and utilisation of carbon dioxide from bio-combustion combined with increased hydrogen production will create a platform for producing fuels, chemicals and materials from a sustainable carbon source and reduce Finland’s dependence on fossil raw materials.
- The Government will promote the capture of wood-based carbon dioxide in industry and energy production and its conversion into long- lived high value-added products and synthetic fuels.
- The Government will set a target for the use of technological sinks to a significant extent during the 2020s.
- After conducting a study on the matter, the Government will introduce a reverse auction of negative emissions or a similar mechanism to encourage carbon dioxide capture.
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