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France commits $2B to industrial decarbonisation & CCUS
Date posted:
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Post Author
Tracey Biller
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Carbon Herald reports that the French government has unveiled a €1.6 billion (~$2 billion) support package aimed at accelerating emissions reductions across seven of the country’s most carbon-intensive industrial facilities, with carbon capture playing a central role.
The funding was announced by the Élysée and is to be distributed over 15 years in the expectation of annual CO2 emissions reductions estimated at 3.8 million metric tons – roughly a quarter of the industrial emissions reductions France aims to deliver by 2030.
The selected projects span cement, aluminum, and chemical production – sectors where emissions are often process-related and difficult to eliminate through electrification alone. Beneficiaries in the cement sector include the Heidelberg Materials plant in Airvault, and the Holcim plant in Saint-Pierre-la-Cour, which is designed to capture roughly 0.9 million tons annually. Additional funding will support chemical sector projects led by Syensqo in Saint-Fons, Ineos at Lavéra, and Eurolysine in Amiens.
Four of the seven initiatives include carbon capture, utilisation and storage (CCUS) components. If delivered as planned, these initiatives could capture more than 3 million tons of CO2 annually
