Exxon files legal challenge to EU carbon capture law, FT reports

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US oil and gas giant ExxonMobil has filed a legal challenge to the legality of the EU’s green carbon capture and storage regulations, the Financial Times reports, citing a memorandum from the European Commission. According to the report, ExxonMobil is seeking an interim order to suspend requirements for carbon dioxide storage infrastructure under European Union law […]

vienna.at

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According to a media report, ExxonMobil has taken confidential legal action against the European Union's CO2 capture rules. The oil company has filed an arbitration against the EU for provisions in the Net Zero Industry Act (Net Zero Industry Act), the newspaper "Financial Times" reported on Wednesday, citing a memo from the European Commission.