Germany to draw up legislation to enable carbon storage
Speaking to an industry group in Norway, Vice Chancellor Robert Habeck, who is also Germany’s economy and climate minister, pointed to the prospects of a “new market” for carbon capture and storage, particularly in the lime and cement industry.
Related Knowledge Center: Carbon capture
The federal government is investing heavily in the development of carbon capture and storage (or sequestration), which offers the enticing prospect of preventing carbon dioxide emissions produced during combustion from entering the atmosphere and contributing to climate change. But the technologies involved, while proven, remain expensive, an obstacle to widespread adoption.