Germany’s Economy Minister Katherina Reiche on Monday announced a €6 billion ($7 billion) funding initiative to accelerate industrial decarbonisation, marking the first inclusion of carbon capture and storage (CCS) technology in the country’s climate protection contracts
The program targets energy-intensive industries such as chemicals, steel, cement, and glass — key sectors facing mounting pressure to meet stringent climate goals while maintaining global competitiveness
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Source and Credit: reuters.com
