ANALYSIS: On the hook – the EU wants Big Oil to pay towards the great carbon clean-up

Published 18:44 on April 28, 2023  /  Last updated at 23:45 on April 28, 2023  / /  EMEA, EU ETS

European oil and gas producers are set to face an obligation to help store CO2 at an annual rate of 50 million tonnes by 2030, as set out in the recently-proposed Net Zero Industry Act (NZIA).
European oil and gas producers are set to face an obligation to help store CO2 at an annual rate of 50 million tonnes by 2030, as set out in the recently-proposed Net Zero Industry Act (NZIA).


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.