Germany to Fast Track Hydrogen Projects to Cut Carbon Emissions

Article content

(Bloomberg) — Germany will fast-track permits for hydrogen projects and end a ban on carbon capture and storage as the nation tries to clean-up its fossil-fuel intensive industry.

The government will make it easier to get development permits with shorter environmental checks for production, storage and transport of hydrogen. Europe’s biggest economy wants to cut carbon emissions 65% by 2030 to reach net zero by 2045, five years earlier than the European Union.

Article content

Germany will support the move with “a lot of…