The present draft bill to amend the Carbon Dioxide Storage Act creates the basis for the legally secure application of CCU/S technologies and the development of a CO₂ infrastructure for the first time. The German Carbon Management Initiative (DCMI) expressly welcomes this step – but calls for targeted improvements to ensure investment security and to future-proof Germany as an industrial and infrastructure location in the European CO₂ market.

The German government’s carbon management strategy is a key step towards reducing emissions that are difficult to avoid and creating negative emissions. It must be dovetailed with the hydrogen and biomass strategy. At the same time, an EU-wide carbon market and global business models are needed to establish a circular carbon economy.