Almost half of European subsidies for research into CO2 capture, utilisation and storage go to projects involving the fossil fuel industry, among others. At the same time, fossil fuel partners are involved in only one in five of these projects. This is according to an analysis by Argos in collaboration with research agency Solid Sustainability Research and Guus Dix (University of Twente).
Read more on Argos: https://argos.vpro.nl/artikelen/eu-steekt-miljarden-in-onderzoek-voor-controversiele-co2-opslagprojecten
Or listen to the podcast: https://argos.vpro.nl/artikelen/gokken-met-co2-onder-de-noordzee-redmiddel-of-ramp
About this research
The data for this analysis was compiled by researchers from Solid Sustainability Research and Guus Dix from the University of Twente from publicly available data, see the methodology and data here. Journalists Pepijn Keppel and Leon Zantinge interpreted the data and conducted additional research, including interviews.
All companies and their subsidiaries that extract, transport or store oil and gas are included in the study under the term “fossil fuel partners”. Companies that only process or sell fossil fuels to consumers are not included.
Image: © TAQA