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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.

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

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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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Based on the structure of production in 2015, at least 457,000 employees are involved in producing types of products which would be directly affected by the ban (e.g., Preventing competition among environmental protection technologies with bans is a waste of resources and does a disservice to climate protection.

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

Green Car Congress

In 2015–expanded to emissions from residential, commercial, and other industrial combustion, and transportation fuels. In 2015–nearly 90% of emissions. Transparency, longevity and certainty (“TLC”) drives investments, according to a policy “green paper” by DB Climate Change Advisors, a unit of Deutsche Bank.

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