The Norwegian management and technical consulting company CO2 Management AS (CO2M), announced on March 16th it will be building Germany’s first CO2 capture and storage hub in Bremen.
The company will aim to reduce carbon emissions across hard-to-abate industries like cement, concrete, chemicals, steel, and waste management. The city of Bremen is chosen as an ideal location as it has direct links to German industrial operations and various offshore CO2 storage facilities planned in Europe.
The project will involve collecting CO2 from industrial sites in Bremen, loading the gas into ships and exporting it for long-term storage. Some carbon dioxide could also be used for further utilization. CO2 Management has signed a letter of intent with bremenports GmbH & Co. KG to establish a CO2 handling facility as the next step in the project.
According to the company, the planning, approval, and construction of the CO2 hub are still in its incipient stages. Operations at the terminal will also not start for “several years”. CO2M is currently open to cooperation and seeks interested industrial companies to speed up development.
Reducing CO2 emissions of industries is critical for tackling the climate crisis. Companies and governments need to speed up the process of decarbonization and increase the development of carbon reduction technologies like carbon capture, hydrogen and renewable energies to make sure achieving Paris Agreement goals are still on the radar.
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