Norway digs deep to tap carbon storage boom. The country is leading a major carbon capture operation to store up to 5m tonnes of CO2 per year. The contractors have already started dynamiting the steep rocky fjord side to make way for tanks which will in three years start receiving the world’s first deliveries of industrial CO2 emissions for storage beneath the North Sea. In mid-December, Norway’s parliament voted to spend 16.8bn kroner (£1.5bn) on Longship, calling it “the largest-ever climate project in Norwegian industry”. This covers more than two-thirds of the total cost of developing and operating carbon capture at two industrial plants, as well as transport and storage of the CO2.
Telegraph 24th Jan 2021 read more »