EMEA > Compliance Markets & Taxes > European oil and gas producers call for a ‘CCS Bank’

European oil and gas producers call for a ‘CCS Bank’

Published 12:31 on December 16, 2024 / Last updated at 12:31 on December 16, 2024 / / EMEA (Compliance Markets & Taxes, Europe)

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The EU should introduce a carbon contracts for difference (CCfD) auctioning mechanism, fed by the EU ETS Innovation Fund, to incentivise CO2 capture and storage, a Brussels-based advocacy group for oil and gas producers said on Monday.
The EU should introduce a carbon contracts for difference (CCfD) auctioning mechanism, fed by the EU ETS Innovation Fund, to incentivise CO2 capture and storage, a Brussels-based advocacy group for oil and gas producers said on Monday.


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