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Sixteen out of 44 companies have confirmed carbon-storage plans, EU says

( May 28, 2026, 13:53 GMT | Official Statement) -- MLex Summary: Sixteen of the 44 companies subject to mandatory carbon capture and storage obligations under the EU Net-Zero Industry Act have confirmed plans to meet their assigned 2030 contribution targets, a European Commission monitoring report has showed. The commission said storage projects identified so far by those companies amounted to a maximum of 29 million tonnes annually, well below the bloc's 50 million-tonne target.Conclusion to the report follows. Full report can be found attached....

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