Germany allowed carbon transport and sub-seabed storage

Mar 2, 2024 #Bank_PO, #BPSC, #Current_Affairs, #DSSSB, #Railway, #SSC, #UPSC, #WBPSC

Germany allowed carbon transport and sub-seabed storage.
Germany is Europe’s biggest economy and aims to become carbon neutral by 2045.
Germany’s government will allow carbon capture and sub-seabed storage technology in certain industries.
These systems will capture carbon dioxide produced by industrial processes at the point of emission and remove it from the atmosphere.
Germany is likely to miss its climate goals and is targeting to capture around 34 million and 73 million tons of carbon annually by 2045.
Under the new law changes, transportation of CO2 and its storage in sub-seabed areas will be allowed except for protected marine zones.
The government has amended the carbon storage law and created a clear legal framework for developing a CO2 pipeline infrastructure.
Germany will also sign the London Protocol amendment to make CO2 off-shore exports possible.
Germany has around 1.5 billion to 8.3 billion tons of CO2 storage capacity under the North Sea. It can annually deposit 20 million tons of CO2.