EU faces 17.5 Mt CO2 storage shortfall jeopardizing 2030 Net Zero targetExecutive summary: A Wood Mackenzie analysis indicates the EU lacks about 17.5 million tonnes per year of CO2 storage capacity needed for the 2030 Net Zero Industry Act target, due to project delays, inadequate investment and an incomplete capture chain. The shortfall threatens the EU’s ability to achieve its net‑zero industrial objectives, could delay decarbonisation of heavy industry and generate uncertainty for investors in carbon capture technologies. European Union institutions, Wood Mackenzie, carbon capture project developers, member state governments The EU is expected to introduce additional funding mechanisms and regulatory incentives to accelerate storage project approvals and may revise the target or set interim milestones to close the gap.Wood Mackenzie analysis reveals the European Union is missing approximately 17.5 million tonnes of annual CO2 storage capacity required to meet the 2030 Net Zero Industry Act target. Delays in project approvals, insufficient investment and an incomplete carbon capture supply chain are identified as the main causes. While the shortfall does not immediately block policy goals, it creates uncertainty for climate‑neutral industrial pathways and investor confidence.Connected developmentsChemie: Evonik streicht über 2000 Stellen in Deutschland - jede zehnste Stelle soll wegIran-Krieg: USA und Iran unterzeichnen Absichtserklärung zum KriegsendeHalbleiter: Dieser US-Konzern könnte Europa von Chiplieferungen aus Übersee unabhängig machenLa apertura de Ormuz, una oportunidad para España y EuropaE-Klasse: So sollen elektrische Kleinwagen aus Europa günstiger werdenValores de Europa y EEUU para equilibrar la carteraOpen the full case file on Beyond →
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