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
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
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