Legislative initiative on CO2 transportation infrastructure and markets
Energy
The Communication on a 2040 climate target and its impact assessment underscores the need for carbon capture utilisation and storage (‘CCUS’) to meet the EU 2050 climate objectives. The Industrial Carbon Management strategy, published at the same time in February 2024, recognises the need for a legislative initiative with a view to ensuring the development of competitive markets and transportation infrastructure for CO2. The political guidelines for the 2024-2029 Commission reiterate this need. This initiative will implement this ambition.
Links
ID: 14804