Norway is opening for business in carbon capture
the first in the world to be able to store carbon dioxide (CO2) waste from multiple industrial sources. The impetus behind this is to get ahead of the carbon capture curve and create an economically viable value chain solution for CCS. When this infrastructure is put into place, Norway will be able to import CO2 for permanent storage, providing a ready mechanism for countries and companies to set up their own CCS operations. It will also lower the threshold for a European hydrogen market. Norway could be getting into the business of importing and sequestering CO2 as a service.
- Design News -