A ship for CO2 transport for the Greensand storage project in the Port of Esbjerg (picture alliance / Ritzau Scanpix | Bo Amstrup) (picture alliance / Ritzau Scanpix | Bo Amstrup)
The Net-Zero Industry Act (NZIA) mandates that German oil and gas companies begin storing CO2 starting in 2030. This week, they were required to report on how they plan to fulfill those obligations. Despite recent announcements from Berlin, it’s increasingly clear that the actual storage sites will likely be located abroad.