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Audi partnering with Climeworks on CO2 direct air capture and storage

Green Car Congress

Water from the Hellisheiði power plant then flows through the facility and transports the carbon dioxide roughly 2,000 meters below the surface of the Earth. The water returns to the cycle of the geothermal power plant. This uses a specially developed adsorbent to bind the CO 2 in the air.

Audi 446
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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

Green Car Congress

billion (US$15 billion) in the country by 2015; investments in highly efficient products and resource-conserving production will account for more than two thirds of this figure. At Volkswagen, we are convinced that climate protection and efficient technologies are drivers for economic growth.

2015 218
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ifo Institute study projects ban on combustion engines in 2030 would affect 600K jobs in German manufacturing

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In the automotive industry alone a ban would endanger 436,000 jobs, while up to 130,000 jobs at small and medium-sized companies would be at risk. The study was commissioned by the German Association of the Automotive Industry (VDA). Such a ban would also impact a total of 13% (amounting to around €48 billion) of gross value added.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Environmentalists and industries resurrected the idea in recent years as a centerpiece of measures to address global warming and growing oil imports. They are looking at cutting the nation’s greenhouse gas output by targeting, in separate ways, three major sources of emissions: electric utilities, transportation and industry.

Gas 244