Germany plans $3.7 billion program to help decarbonize industry, including carbon storage

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The German government on Friday announced plans to provide about 3.3 billion euros ($3.7 billion) in funding for projects to make industry more climate-friendly, including by storing carbon dioxide underground at offshore sites.

Germany plans $3.7 billion program to help decarbonize industry, including carbon storage retrieved 23 August 2024 from https://phys.org/news/2024-08-germany-billion-decarbonize-industry-carbon.html

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Germany plans $3.7 billion program to help decarbonize industry, including carbon storageThe German government has announced plans to provide about 3.3 billion euros ($3.7 billion) in funding for projects to make industry more climate-friendly, including by storing carbon dioxide underground at offshore sites. Germany has Europe’s biggest economy and is home to many energy-intensive industries.
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