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European Union2024-02-06en

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS Towards an ambitious Industrial Carbon Management for the EU

Summary

The European Union faces the challenge of achieving climate neutrality by 2050, requiring significant emission reductions across all sectors, especially in industries with limited direct mitigation options. This strategy proposes an ambitious Industrial Carbon Management framework focusing on CO2 capture for storage and utilization, and direct air capture, to scale up efforts. The initiative is currently in the planning stage, outlining targets for capturing millions of tonnes of CO2 by 2030, 2040, and 2050, supported by existing policies and infrastructure development.

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