End of the CO2 Storage Ban in Austria: Law in Review

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VIENNA. The geological storage of CO2 is limited to five percent of Austrian emissions.

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The planned lifting of the Austrian CO2 storage ban is not enough for the FPÖ. Although energy spokesman Paul Hammerl welcomes the Federal Government's intention to enable technical CO2 storage, he also demands a concrete answer to the cost question.

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ÖVP, SPÖ and Neos want to enable the underground storage of carbon dioxide in Austria again. The planned use remains limited, however, encounters conflicting reactions among industry and environmentalists. AUSTRIA. Since 2011 the permanent storage of CO2 in Austria is prohibited. Now the Federal Government plans a turnaround: A corresponding bill is to go into review shortly, the Ministry of Finance announced. The regulation complements this alr…

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The government from ÖVP, SPÖ and NEOS wants to lift the ban on CO2 storage in Austria, which has been in force since 2011, and a corresponding bill is expected to be sent in review tomorrow, Tuesday. This was announced by the Ministry of Finance on APA request and thus confirmed a report from the daily newspaper "Krone". The law goes hand in hand with the climate law already sent in review on Friday.

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Fachverband Bergbau-Stahl welcomes legislative initiative of the Federal Government – CO2 transport and storage infrastructure is needed quickly for unavoidable residual emissions The Fachverband Bergbau-Stahl in the Austrian Chamber of Commerce (WKÖ) expressly welcomes the federal government's legislative initiative to lift the ban on the geological storage of carbon dioxide. "The fact that finance minister Markus Marterbauer and economic minis…