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German cabinet approves carbon capture and hydrogen plans

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Euractiv or enjoy below:

🗞️ Driving the news: Germany's cabinet has approved two draft bills to fast-track the integration of hydrogen and carbon capture technologies
• The goal is to support the country's carbon neutrality target by 2045 while maintaining its heavy industries

🔭 The context: Historically, Germany has limited carbon capture use but now aims to capture between 34 million and 73 million tons of CO2 annually by 2045
• The new legislation will streamline permitting for hydrogen infrastructure and support carbon capture in carbon-intensive industries

🌍 Why it matters for the planet: These measures are vital for reducing Germany's greenhouse gas emissions, particularly in sectors that are difficult to electrify, such as steel and chemicals
• Enhancing hydrogen infrastructure also reduces reliance on imported fossil fuels.

⏭️ What's next: The legislation will simplify legal and approval processes, allowing for faster development of hydrogen and carbon capture projects. Germany will also establish a legal framework for CO2 storage and export.

📈 One stat: Germany has an estimated CO2 storage capacity of 1.5 billion to 8.3 billion tons under the North Sea, capable of storing up to 20 million tons annually

Click for more news covering the latest on carbon capture & storage

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