The German government aims to enable CO2 storage in the North Sea and to subsidize this technology. However, a CCS business model is not foreseeable worldwide. Instead, long subsidy periods and costs in the billions are looming.
By Nico Beckert
The coalition aims to support CCS only for emissions that are difficult to avoid but also allow it for gas power plants. This puts Economy Minister Habeck at odds with the Greens and SPD, the stakeholder process agreement and Germany's stance at COP28. Support comes from the business sector.
By Malte Kreutzfeldt
In an interview with Bernhard Pötter, climate economist Ottmar Edenhofer calls for a new financial structure to reward investments in net-zero technologies and support emerging countries with a carbon price.
By Lukas Knigge
The EU member states and the European Parliament have agreed on the Net-Zero Industry Act. The aim is to promote the wind and solar industry. However, support for CCS and nuclear energy is also planned.
By Till Hoppe
Member states and the European Parliament have agreed on the Net-Zero Industry Act. Europe aims to become a leading hub for manufacturers of wind turbines, heat pumps or solar panels. Some experts doubt whether the law will have a significant impact in Germany.
By Till Hoppe
The European Commission aims to reduce CO2 emissions by 90 percent by 2040 compared to 1990. Some consider this insufficient, while others find it overly ambitious. The debate reveals something more fundamental: The EU's status as a climate leader is no longer guaranteed.
By Lukas Knigge
The EU climate target for 2040 will have implications for all sectors of the economy – from energy to transportation. The European strategy for Carbon Management has particularly disruptive effects on the industry.
By Manuel Berkel
According to a draft of the European carbon management strategy, the EU Commission is planning to establish an internal carbon market. The industrial use of captured carbon is also to be expanded.
By Lukas Knigge
Brussels will soon be switching to election campaigning. But before then, the EU Commission still has one major climate policy project to tackle: the climate target for 2040. Adopting and implementing it will be the task of the next Parliament. And it is likely to tick differently than the current one.
By Lukas Knigge
The final text of COP28 does not contain the phase-out of fossil fuels that many countries had hoped for. However, many still see the somewhat ambiguously worded sentence on "phasing out fossil fuels" as a clear signal that the end of the fossil fuel era has been heralded.
By Lukas Knigge
