Insight
EU Net-Zero Industry Act CO2 storage target: A new challenge for Europe’s upstream players
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Report summary
In June 2024, the EU Net-Zero Industry Act (NZIA) came into force. On the CCUS front, the Act contained a series of measures designed to foster a single market for CCUS within the EU. Most notably, the Act set out an ambitious target to develop a collective 50 Mtpa CO2 storage capacity across the EU.
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