German CCS Act: Industry calls for financial assurances
On Wednesday, German Economy Minister Reiche presented a CCS bill and called for a “different perspective on CO₂.” (IMAGO / dts Nachrichtenagentur)
With the CCS Act, the German government is paving the way for CO₂ capture and transport in Germany and opting for widespread application of the technology. Industry associations are calling for financial assurances for CO₂ capture and transport infrastructure. Environmental associations criticize the plan.