The United Kingdom announced GBP 20 billion in its Spring Budget 2023 for the early deployment of CCUS projects.Additionally, the pilot phase of Project Greensand in Denmark became operational in March 2023, transporting CO 2 from Belgium for storage in a depleted oil field of the Danish North Sea. ![]() The European Union launched the Net Zero Industry Act in March 2023, proposing an annual CO 2 injection target of 50 Mt CO 2/yr for 2030 and improved permitting procedures for CCUS. ![]()
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