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Germany chooses to walk colorblind into the hydrogen future | Business | Economy and finance news from a German perspective | DW

Germany chooses to walk colorblind into the hydrogen future | Business | Economy and finance news from a German perspective | DW
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CO2 price 'key' to cutting emissions

The price on carbon dioxide is the single most effective tool for cutting emissions in Europe as it drives innovative technology development, according to Vattenfall chief executive Anna Borg.
Borg, who was speaking at the White House s climate summit, said current technology development is dramatically driving costs down for CO2 free technologies.
She noted Vattenfall s Hybrit initiative is aiming to result in the first fossil-fuel free steel, while the company is also partnering to decarbonise in other sectors such as refineries, transportation, mining and chemicals.
“There is a growing industry cluster around mining, steel and new energy intensive businesses, like battery production for electric cars,” Borg said. ....

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