Overview

• Germany's vice chancellor, Robert Habeck, announces plans for underground carbon storage at offshore sites to combat climate change.
• The initiative targets emissions from hard-to-abate sectors like the cement industry, with the goal of achieving 'net zero' emissions by 2045.
• Legislation is still needed to enable the transport and storage of carbon dioxide under the sea, excluding marine conservation areas.
• Critics argue that carbon capture and storage technology is unproven at scale and less effective than renewable energy sources.
• Environmental groups express concerns that the plan favors energy and heavy industries, potentially burdening future generations with long-term liabilities.