CO2 Management > CCUS > EU lawmakers want oil firms to pay for more of the bloc’s CCS infrastructure

EU lawmakers want oil firms to pay for more of the bloc’s CCS infrastructure

Published 11:40 on October 25, 2023 / Last updated at 11:50 on October 25, 2023 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe)

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Specialised members of the European Parliament voted on Wednesday to widen an obligation on oil firms to pay for the bloc's CCS infrastructure via the bloc's Net Zero Industry Act (NZIA), the EU proposal setting 2030 targets to produce 'strategically important' clean technologies domestically.
Specialised members of the European Parliament voted on Wednesday to widen an obligation on oil firms to pay for the bloc's CCS infrastructure via the bloc's Net Zero Industry Act (NZIA), the EU proposal setting 2030 targets to produce 'strategically important' clean technologies domestically.


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