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September 24, 2025ARGOCarbon capture

ARGO Chairman: The state must change the framework for carbon capture

Following a meeting of the ARGO mayoral group, Tomas Breddam (S), Mayor of Roskilde Municipality and Chairman of the Board of ARGO, sends a clear message to the government: The state must change the framework if carbon capture at the waste-to-energy plant in Roskilde is to be possible. ARGO has a technically mature project that can deliver documentable CO₂ reductions and become a key part of a climate-neutral waste-to-energy plant. However, current governmental requirements and the market for financing make it difficult to implement.

In August, ARGO submitted an indicative, non-binding offer to the Danish government as one of eight bids in the competition for the DKK 28.7 billion government funding pool for carbon capture. On this basis, ARGO will now enter into negotiations with the state until the end of November. The final deadline for a binding application is December 17, 2025. The goal is to secure a model that exempts municipalities from billion-Euro guarantees and provides a time and action plan that matches market conditions.

"Carbon capture is a necessary and natural part of the green transition for the waste and energy sector. ARGO has a technically mature carbon capture project, but the government must ensure fair risk sharing and a realistic timeline. We share the government's climate ambitions, but the framework and market conditions must be better if we are to succeed," says Tomas Breddam (S), Mayor of Roskilde and Chairman of ARGO.

If the government maintains the current terms, ARGO will not be able to submit a binding offer in December. The ambition for carbon capture remains, and ARGO stands ready to act when the framework and market make it possible.

"We are entering the negotiations with the government in a constructive manner until December. Our desire is clear: to find a model that makes carbon capture possible without passing the billion-Euro risk on to citizens. The negotiations will determine whether we can deliver," adds Tomas Breddam.

Read the interview with ARGO's Chairman of the Board in Børsen: Waste company threatens to withdraw from billion-Euro pool for carbon capture