News

The EU has identified 44 oil and gas companies to help deliver 50 million tonnes of annual CO₂ storage by 2030. This move supports the Clean Industrial Deal and marks a key step in scaling up carbon management to decarbonise Europe’s most emissions-intensive sectors.

The Commission proposes raising the registration threshold for the F-gas Portal, meaning fewer companies will need to register—reducing administrative burden while maintaining climate ambition. Changes will apply once adopted by Parliament and Council.

The 2024 Innovation Fund calls drew 373 project proposals for net-zero tech and EV battery manufacturing, showing strong EU industry commitment to climate goals. Up to €3.4 billion in funding will support Europe's clean, competitive, and resilient future.