The Carbon Capture and Storage Association is calling for clearer legal frameworks to stop EU-UK cross-border carbon projects from stalling. A primary hurdle is the lack of formal recognition for the transport and storage of captured CO2 across borders, which creates uncertainty for investors. Efforts to link the EU and UK Emissions Trading Schemes face complications due to divergent carbon prices and different market stability mechanisms. While both parties agreed to pursue a linked market, implementing legislation in the UK is not expected until 2027, leaving a significant gap in regulatory certainty.
