Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
Germany launches carbon CfD scheme
Government expects to budget more than €10bn for subsidy programme in response to US IRA
ExxonMobil signs CCS deal with steelmaker Nucor
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
World must scale up CCUS for net zero, says IEA’s Budinis
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
CDR defies cost pressures to win over corporate buyers
Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals
UK’s Drax pivots Beccs expansion to US
Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters
UK awards 20 offshore CO₂ storage licences
First licence round sees 12 developers secure rights to appraise storage sites with potential to hold 10pc of UK’s annual emissions
Airbus and Masdar explore DAC for SAF
Joint project aims to develop production of sustainable fuels by combining direct air capture and green hydrogen
Danish subsidy award unlocks major CCS project
Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants
US CCUS sector weighs risks and rewards
Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum
Major CDR projects secure offtakers in landmark deal
Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector
Germany’s decarbonisation policy is under scrutiny
Carbon capture Germany
Stuart Penson
16 March 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Germany under pressure to curb emissions

Government developing new strategy on CCS and other carbon management tools as energy sector emissions continued to rise last year

The German government has come under renewed pressure to reboot its decarbonisation strategy as official data released this week shows energy sector emissions rose by 4.4pc in 2022, the second consecutive annual increase. Overall emissions last year were down by 1.9pc, according data from the German Environment Agency (UBA). Energy sector emissions rose on the back of increased coal and lignite burn in the power sector in response to the loss of Russian gas imports because of the war in Ukraine, the UBA says. Germany’s natural gas consumption last year was down 10.8pc. The use of mineral oils in the energy industry, especially light heating oil, also increased. Germany has set an economy-wid

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Germany launches carbon CfD scheme
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
ExxonMobil signs CCS deal with steelmaker Nucor
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
Realistic hope should be the legacy of Cop28
Opinion
1 June 2023
The appointment of the UAE’s Sultan Ahmed al-Jaber as Cop president has drawn criticism from some quarters, but progress on the energy transition will require cooperation, not conflict
World must scale up CCUS for net zero, says IEA’s Budinis
31 May 2023
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search