EMEA > Latest EU compromise for net zero industry bill keeps CCS obligation on oil and gas sector

Latest EU compromise for net zero industry bill keeps CCS obligation on oil and gas sector

Published 16:38 on November 10, 2023  /  Last updated at 09:14 on November 14, 2023  / Emanuela Barbiroglio /  EMEA, EU ETS

Oil and gas companies will be obliged to meet their share of an EU target of 50 million tonnes of annual operational CO2 injection capacity by 2030, according to a new compromise text that the Spanish presidency has circulated to EU member states ahead of a working group meeting on Monday.
Oil and gas companies will be obliged to meet their share of an EU target of 50 million tonnes of annual operational CO2 injection capacity by 2030, according to a new compromise text that the Spanish presidency has circulated to EU member states ahead of a working group meeting on Monday.


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, login here.