months coming up after the break, dw, business looks at on germany can learn from nobody and the us when it comes to capturing and storing c o 2. don't forget, you can always get all the latest deals and information around the cross on our website at www. dot com. i finished managing in billings with see you back here in about 45 minutes. event music can be destroyed. you can try, but it's impossible to see performed for head lice in our smith. the key was the nazis. the 2 musicians who lived in the savannah office austin about the sounds of power and inspiring story about the volume music under the swastika may 25th on

d, w y, or norway. and the us ahead on carbon capture and storage. and what is that exactly? both countries benefit from the technical know how of their oil and gas industries was a tech is found in germany. the usa in norway are investing heavily in this little region. government has just bought this model to project with 80 percent of our regions are more technology domestic than uh, germans. on this edition of transforming business, we'll explore why the in, in graphic, norway, heidelberg materials, began rebuffing us to men factory last year. they're installing a c c s plant without disrupting daily operations. the german company wants to

launch the world's 1st net 0 cement produced using carbon capture and storage. here's how it works. an industrial facility like this one in brand vegas separates and captures the c o 2 from it smoke stack emissions to c. o. 2 is liquefied and shipped to a storage location and then it's injected through a pipeline up to 3 kilometers under the c bed. it's a deep sandstone formation. the c o 2 can also be stored on land and transported by truck rail or pipelines. the c o 2, some traffic will try by 300 nautical miles to our you garden. then it will be injected into a pipeline and stored off the norwegian coast of the storage facility is called northern lights. it belongs to shell. total energy use and ecuador will return to the role of oil and gas companies laser. so why is it so hard to produce demand with i'd carbon emissions. that is the main ingredients also an

estimate. and then in the killed process, there is a lot of students who are coming out of the lives, thoughts. this is yeah. and toilet and he's a 30 year veteran of the cement industry. we try it about to, to reduce the amount of blinker incidence. that's a decreasing factor, but there is a limit because that was not the moment use amendment loss, but the form anymore you will not have to read the list which has the form is that that it needs. so there are technical units c, c, s technology is intended for use in cards to update sectors like steel, chemicals and the cement industry. industries at toms completely eliminate carbon emissions. but why is the heidelberg materials coming all the way to norway for this? to find out more,

we have to go to germany. c. c. s. technology is bound here. economics minister who about topic wants to change this. he also paid a visit to private. but 15 years ago things looked a lot difference in german state sikes. this the hardest time people talk to the streets against c c s, including will that topic, member of parliament, the laser environment administer in that space comes in on v. and my number in this context is detroit style events. it's a s o 2. it's why upside a bunch by showing does computer order item didn't rely on? he's attached nick in deutschland, goodness strategies while it's on funding, you've got to, you've just got to yet to order. so teams to proceed on smiles of my nose is trying to why i ask since detection, nick is i'm fused to invite to him to be controlled and most of my other to survive on special norway introduced stacy as far back as 1996 in good part due to the

countries, mazda of oil and gas industry. the petroleum industry accounts for 36 percent of norway's tax revenue. it's what helps make the country rich. but norway was also a 4 runner in implementing environmental protection standards. what happened that really incentivized or kick started the history of, of c. c, as in norway was a c o 2 tax that was introduced by the labor and government that was in charge in 1992. this is political scientist during this nor do she says some norwegian politicians realized early on the climate protection with key incentivize the oil and gas industry to to take measures. uh, and i think also they quite early uh, saw the potential for ccs in their production to take emissions down. right. because they didn't want to have to pay this tax,

at least not more than necessary. norway is now investing some 1500000000 euros to develop a complete c c s value chain. the long set projects think this would be if i'm to ship the page that they are interested in to make money off the stars. this is felix showing it piece studies, european climate policy. so they are really asking for, you remember states did you want to export c o 2, we have the capacity here. we have the technology in northern lights is parts of this project. the new c o 2 storage facility belong to sell. total energy is and echo north, which we mentioned a moment ago, is due to go online. in 2024, the companies have partnered with an o region, governments. they'll receive subsidies and the development phase on the 1st 10 years of operation. the goal job creation as well as

a lucrative business in c o. 2 transport and storage, industrial partner hydro back materials is also profiting from the new technology and the general subsidies that will help re bump this facility. no region, the government has just bought all the projects with 80 percent funding. the only investment is a few $100000000.00 investments. the graphic is just one of about a 140 facilities authorized by high those back materials, one of the world's largest concrete manufacturer, and they're planning to invest some 1500000000 bureaus by 2030, including in the u. s. that's also because president jo biden's inflation reduction us offers financial incentives to companies that invest in carbon capture and storage. it's important to mention that they have a tax credit which makes them or increments and then incentive to to deploy

ccsp inflation reduction act springs on these type of credits and extended them. so they really use it as one of the instruments to, to push all for cover management in 2023. the largest number of c, c, s facilities were under construction in the u. s. followed by kind of the you k, china and norway on this map to pick the commercial ventures that are ready in operation. but why is to us so advanced in this area is also important that they don't really have this discussion about how to evade emissions, at least not the way we have it in germany. so you'd ask, you could also capture fossil, see you to a story undergoing to find out more. let's take a look at what's called enhanced oil recovery uh, technology that's being employed mainly in north america for more than 50 years. high pressure a, c o 2 is injected into an oil field, raising the pressure under grants. the crude oil becomes more viscous. i'm can be

come to the surface more easily. so it's a way to pump up even more oil doesn't really make sense to collaborate with big oil when it comes to climate protection. so they know all these systems weren't big expertise, simple technology. this is carlos by minus the g o scientist as a well known experts on c c s technology in there for next year. and so they are tools a trouble staunch operation. but the norwegian, so i think they'll call him and he'd be on, it was really going for him. but an investor at scale, a survey has shown that the norwegian population supports dfcs. as mentioned, they've been using the technology since 1996. and they have a carbon tax 67 percent of norwegian support c. c. s that top by denmark, the u. k. and followed by the netherlands. and finally germany,

origins are more technology optimistic then uh, germans. and we also think that that's a something to do with the support for the specific technology after during this nor though, helps conduct the survey, which also came to a 2nd conclusion. when we introduced these elements across the border cooperation or trade, the support drops. we did a similar survey uh 5 years ago them that dropped was considerable in norway. it moved from as 80 percent support when you introduce them to a domestic situation where you store your own c o 2 to 40 percent 20, to introduce them to a project where you would import c o 2 from other countries and it's likely that's what germany would have to do export c o 2 to norway. remember a, c, c s was previously taken off the table after protests. and demonstrators had one

big objection. thing, most of the criticisms some 10 years ago. and also in germany, came from the shack that cps was originally planned for photos on the stream. so it was so cold, paul plans and then developed treatments as was okay if we to successful co paul pens, we've never got the transition to germany has no proposed legal changes that would permit safety yet. but only in the northeast, not on lines and subsidies will focus on sectors of like steel and cement, where some 10 percent of emissions are classified as hard to a base search here, c c s. so caption and storing the emissions. it's pretty much the only option that we have to avoid the solutions. this is jessica cash play slab, the physicist studies ccs and other carpet management strategies. the box majority

of scenario that she filled with mean temperature. well, we don't typically see need seats. yes. but what are the risks? scientists say some, a 150000000000 tons of c o 2 could be stored under the north sea, a region that includes a number of marine protection zone. by way of comparison, the mid sized cement plant in red attempt to capture 400000 tons of c o 2 annually bought if there's a leak because possible. and the biggest problem probably the old waltz. so what if we look at the mall c as an example? half there, something like $17000.00 welts that have to be drilled in the past both and lost the traits posted to look for oil and gas. and it's bush monkey. and what about these old wells, least of them was uh, maybe a pathway. so seem to be in touch,

but something that needs to be considerable. let's recap. countries like norway have been on board with dfcs for quite a while. they have a big technological as under subsidizing c, c s on the ground scale. that's also true in the us under, by norway under us also benefit from the know how up there, oil and gas industry. germany still has to legalize t c. s. and mice export c o 2 to norway. one thing is for sure, the technology is expensive and it's not with that risk. but at this point, do we really have a choice? what the support from my perspective is should launch these risks and mitigate them as good as we can. and then also compare those risks of using c. c. s to the risk of love to use exist yet because also what we're not doing has impacts. in this case, if we don't use c, c s, that means we accept more emissions which needs to work time of change. so it

provides the spec to the risk of not using c, c s exceeds the rest of appeasing. and do you think c, c s technology is the wave of the future? that is no and the common the enter the conflict zone with tim sebastian. as the warning ukraine grind on the neighboring voltage states which are anxiously from the ring side seat, pressing the west to increase 8th and kia and make sure russia dozens with my guess this week is last is 5 minutes to pc on his current. and he's clear nature as to optics can conflict the next on d, w, conflicts, crises,

every single connection mapped out shows that you can disagree odyssey be on the board is what makes things to the way they are mapped out, navigating a changing world. now, on youtube, as the war and ukraine grinds on, the neighboring voltage states, what's anxiously from the ring side seat, pressing the west to increase a to kia and make sure russia doesn't. with my guess this week is the last to be as 5 minutes to 50 on these kinds. and he's clear nato as the optics game. the difficulty in the frustration that i feel is that as we are going step by step, russia is going full frontal forward. so how ready is nato to take on an expansion? is russia? why are some rich european states still i'm willing to meet the alliances defense spending targets and was present the macro really calling his allies co.