These days, we hear many statements from government officials that CCS is a necessary investment for the Greek economy. But is it a profitable investment, and what criteria will we use to judge the benefits of Prinos for the Greek economy? Who wins and who loses, or are there only winners in this case?
Why are subsidies through Carbon Contracts for Difference the key to these investments? Why are they coming to Prinos and not sending the pollutants to the Egyptian desert? Why are subsidies with climate contracts leading multinationals, both Greek and foreign, to sacrifice Thasos and the entire Gulf of Kavala? This investment is certainly a very profitable one for Energean and the cement industry. But what about Thasos? Why doesn’t Energean bury the pollutants somewhere else? Would it be more expensive… and since it has found an undertaker, will it also bury Thasos, which is alive and brings 1.5 million tourists to its beaches every summer?
These questions about the business model and the Greek state’s management of the principle of protecting its citizens will be the points we will briefly address in this article.