EMEA > EU member states signal backing for obligation on oil and gas sector to build up bloc’s CCS infrastructure

EU member states signal backing for obligation on oil and gas sector to build up bloc’s CCS infrastructure

Published 16:26 on November 3, 2023  /  Last updated at 16:26 on November 3, 2023  / Rebecca Gualandi /  EMEA, EU ETS, International

The Council of EU member states is firming up its largely favourable position on whether to obligate oil and gas firms to fund the bloc’s CCS infrastructure as part of the bloc’s Net Zero Industry Act, with Denmark and the Netherlands wanting to include provisions that would also safeguard non-oil and gas ‘front-runner’ companies.
The Council of EU member states is firming up its largely favourable position on whether to obligate oil and gas firms to fund the bloc’s CCS infrastructure as part of the bloc’s Net Zero Industry Act, with Denmark and the Netherlands wanting to include provisions that would also safeguard non-oil and gas ‘front-runner’ companies.


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