Read full Eurogas recommendations here.  Industrial carbon management (ICM) technologies are crucial for achieving the EU’s climate target by 2050, enabling emissions reduction while ensuring a globally competitive European economy. In particular, Carbon Capture, Utilisation and Storage (CCUS) technologies play an essential role in safeguarding competitiveness and enabling negative emissions, thereby complementing, emission reduction and deployment of renewable energy. Eurogas welcomes the European Commission’s work on developing a regulatory framework for the CO₂ market and infrastructure, notably through the upcoming CO₂ Markets and Infrastructure Package. However, the market remains at an early stage of development, with limited projects and infrastructure currently in operation, largely due to the significant financial and regulatory challenges they face. Existing frameworks, such as the CCS Directive, the Net-Zero Industry Act (NZIA), EU competition law, and the London Protocol, provide a solid foundation. However, to avoid overly prescriptive rules, in particular in the early phases, that could hamper the development of this market, the European Commission should adopt an approach whereby, in the short term, priority is given to funding and de-risking measures to enable early CO₂ market deployment. Nevertheless, additional regulatory measures may be required in the longer term, particularly in the event of market […]