The Net-Zero Industry Act – a welcome spotlight and a warning bell for CO2 storage
The European Commission has recently published the Net-Zero Industry Act, a proposal meant to boost the Union’s autonomy when it comes to developing and manufacturing “net-zero technologies”. The Act lists carbon capture, utilisation, and storage (CCUS) as one of eight key net-zero technologies for achieving the EU’s climate neutrality goals, sets a goal for storing 50 million tonnes of CO2 per year in the EU by 2030, and mandates Member States to clearly state how they will enable carbon capture and storage (CCS).
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