Europe's Oil & Gas Industry Wants a Carbon Capture Bank

GALWAY, IRELAND--January 20, 2025--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Europe's oil and gas majors have called on the European Union (EU) to create a "bank" this year to help fund expensive carbon capture and sequestration (CCS) projects.

Within this article: Details call by oil & gas industry for a carbon capture bank in the EU to help fund projects, reasons, costs, related Hydrogen Bank implementation.