Freight traffic: DB Cargo pushes into unknown business field
The financially strained freight railway wants to transport four million tons of CO₂ by rail as early as the early 30s. However, the technical hurdles are considerable.
DB Cargo, Europe's largest rail freight company, aims to transport four million tons of CO₂ per year by the early 2030s. The company's CEO, Bernhard Osburg, stated that they are ready to transport CO₂ reliably across Europe once Germany's largest emitters decide to capture and store their emissions. The target customers are waste incineration plants, cement and lime works, which account for eight percent of Germany's emissions.
DB Cargo, which has been loss-making and is no longer allowed to be subsidized by its parent company Deutsche Bahn, sees this as a strategic opportunity to avoid potential break-up.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
