NEWS

To combat climate change, Norway wants to be Europe’s carbon dump


< Back to all news

To combat climate change, Norway wants to be Europe’s carbon dump

Business

Category: Business News

Europe’s top oil producer has backed a project aiming to capture carbon dioxide from European factories and bury it beneath the North Sea.

A company backed by fossil fuel giants and the Norwegian government has built the world’s first carbon shipping port here, with the aim of creating a dumping ground for Europe’s planet-warming pollution.

The effort involves capturing carbon dioxide from industrial smokestacks and loading it onto ships, which will carry it here, to be buried in a layer of spongy rock a mile and a half beneath the seabed.

Storing CO2 this way isn’t new. A Norwegian oil and gas company has been doing it for nearly 30 years, separating carbon from the gas it extracts in the North Sea and sending it down a pipeline to a stretch of sandstone known as the Utsira Formation.

Read full article.

Source: The Washington Post