Summary
In this joint letter, ndustry welcomes the European Commission’s work on the development of a regulatory framework for CO₂ transport infrastructure, which will be critical to achieving the EU’s climate objectives and enabling the scale-up of Carbon Capture, Utilisation and Storage (CCUS) as part of an integrated value chain, including emitters, transport, storage operators, and CO2 offtakes for use in products.
While regulatory clarity is important, there is a need to ensure that policy design remains proportionate and aligned with the current maturity of the market, avoiding the introduction of strict regulatory approaches in a nascent market, and ensuring that any future regulation intervention is justified by clear market needs.
Key takeaways
In this context, industry would like to recommend the following key principles to the current work carried out by DG ENER:
- Adopt a phased approach to regulatory development;
- Prioritise key enabling measures to support early deployment;
- Support a coordinated development of the CO value chain;
- Ensure proportionate and flexible regulation in early phases.