The government will need EU approval for scheme
Germany launches carbon CfD scheme
Government expects to budget more than €10bn for subsidy programme in response to US IRA
The German energy ministry has launched its carbon contracts for difference (CCfDs) scheme, aimed at supporting the decarbonisation of production from energy-intensive industries, and expects the first round to take place this year. Robert Habeck, Germany’s federal minister for economic affairs and climate action, has been keen to pitch CCfDs as a response to the US Inflation Reduction Act (IRA). He has also played up the potential to boost the nascent hydrogen industry, while remaining notably silent on the topic of carbon capture. The government is shortly expected to publish a separate carbon management strategy that is likely to include its thinking on the deployment of CCS. “Progr
Also in this section
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
