Cement Carbon Capture Funds
Denmark Has Awarded $2.5 Billion to Fund Industrial Carbon Capture
Adam Harrie — June 10, 2026
Denmark awarded 16.5 billion crowns ($2.55 billion) in industrial carbon capture subsidies to Aalborg Portland, the country's largest CO₂ emitter, to support a carbon capture project that will capture and store up to 1.25 million tonnes of CO₂ annually for 15 years beginning in 2030. The project is expected to deliver more than half of Denmark's national CCS target of 2.3 million tonnes per year.
Air Liquide will supply the carbon capture technology, while Harbour Energy will manage the transport and storage infrastructure. The project targets emissions from both fuel combustion and the chemical conversion of limestone into clinker, the two primary sources that make cement responsible for roughly 8% of global industrial CO₂ emissions and one of the most difficult sectors to decarbonize.
Denmark's subsidy program shows how public investment can help accelerate large-scale carbon capture deployment in hard-to-abate industrial sectors.
