Carbon Capture and Storage and the Net Zero Industry Act

Report an error

Summary

AI-generated

This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

Learn more about AI enrichment

The document argues that the availability of CO2 storage sites is the primary bottleneck for industrial decarbonisation in Europe. While it supports the NZIA's proposed target of 50 million tonnes of annual injection capacity by 2030, it suggests this is a 'bare minimum' and recommends five key improvements: setting more ambitious long-term storage targets, creating an EU-level aggregation platform to match CO2 sources with sinks, requiring Member States to map storage potential and plan cross-border transport networks, ensuring oil and gas producers' storage obligations align with industrial needs, and accelerating permitting and exploration licences for storage projects.

Key insights

AI-generated

These insights are written by a language model reading the source document. They are not the publisher's words and are not a substitute for the original.

Learn more about AI enrichment
  • The NZIA's proposed target of 50 million tonnes of annual CO2 injection capacity by 2030 is considered a 'bare minimum' compared to long-term needs. Modelling suggests Europe may require between 300 and 550 million tonnes of annual capacity by 2050, with a recommended target of 200 million tonnes by 2035 to maintain flexibility.
  • There is a mismatch between current capture potential and storage planning; while EU cement and lime industries alone produce approximately 130 million tonnes of CO2 annually, current capture plans are often limited to emitters with existing storage links. To resolve this, the document proposes an EU-level aggregation platform to match CO2 providers with storage providers and stimulate competition.
  • Member States should develop an 'EU CO2 storage atlas' using consistent methodologies to map geological storage potential. Additionally, the NZIA should require Member States to report on planned CO2 transport infrastructure and national support measures to avoid 'stranded storage availability'.

Cite the original document

APA
Clean Air Task Force (n.d.). Carbon Capture and Storage and the Net Zero Industry Act. https://cdn.catf.us/wp-content/uploads/2023/09/22163711/nzia-ccs-policy-brief.pdf
Chicago
Clean Air Task Force. Carbon Capture and Storage and the Net Zero Industry Act. n.d. https://cdn.catf.us/wp-content/uploads/2023/09/22163711/nzia-ccs-policy-brief.pdf.
Wikipedia
{{cite report |author=Clean Air Task Force |title=Carbon Capture and Storage and the Net Zero Industry Act |url=https://cdn.catf.us/wp-content/uploads/2023/09/22163711/nzia-ccs-policy-brief.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{cleanairtaskforcendcarbon, author = {{Clean Air Task Force}}, title = {{Carbon Capture and Storage and the Net Zero Industry Act}}, institution = {Clean Air Task Force}, url = {https://cdn.catf.us/wp-content/uploads/2023/09/22163711/nzia-ccs-policy-brief.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

Full text

Collected · Record updated