In a report presented last Monday, a discussions group consisting of - among others - the German Federal Ministry for the Environment, insurance companies Allianz and Munich Re and the Federal Association of German banks, comes to the conclusion that the CO2-storage in Carbon Capture and Storage (CCS) technology is too unpredictable to be wholly-insured.
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Reactions to CCS | Report: Insurance giants Allianz and Munich Re: CCS too unpredictable to be fully covered by insurance
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