Industrial emitters demand action to kickstart German CCS
Companies urge government to prioritise rapid scale-up of technology and infrastructure in forthcoming national carbon management strategy
A group of 14 industrial companies including Dow Chemicals and cement producer Holcim has called on the German government to streamline planning rules for CCS projects and make the “breakthrough” climate technology the main focus of state funding programmes. The government must further strengthen proposed subsidies for CCS projects and push through legal reforms allowing the “rapid” development of a CO₂ pipeline network and a wider value chain, the companies say in a joint position paper. It should also formally recognise international regulations allowing cross-border shipments of CO₂ to be injected into offshore storage. The call for action comes as the government develops a carbon managem
Also in this section
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project