- Regulatory landscape surrounding CCS, particularly the Carbon Dioxide Storage Act, hindered development.
- Restricted application deadline for storage permit requests (expired in 2016).
- LΓ€nder's ability to ban onshore CCS.
- Need for additional work to facilitate CO2 infrastructure development, implement support mechanisms, and improve public perception of CCS.
Global CCS Institute
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Global CCS Institute disclosed greenhouse gas emissions of 746 million tonnes of CO2 equivalent (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
746 million tonnes of CO2 equivalent (2022)
2024
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 746 million tonnes of CO2 equivalent (2022) |
| 2020 | 40 Mt CO2/year (captured and stored) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Germany's shift towards embracing CCS as an indispensable climate mitigation option in February 2024.
- Repositioning of CCS as part of Germany's climate and industrial agenda in 2023 after years of reluctance.
π― Climate & Sustainability Targets
π Short-term
- Reduce GHG emissions by at least 65% by 2030 compared to 1990s level.
π Medium-term
- Reduce GHG emissions by at least 88% by 2040 compared to 1990s level.
π Long-term
- Achieve climate neutrality by 2045.
π± ESG Focus Areas
Climate Change