FILE PHOTO: A general view of the Klemetsrud incinerator in Oslo, Norway, January 25, 2016. Oslo's main waste incinerator began the world's first experiment to capture carbon dioxide from the fumes of burning rubbish on Monday, hoping to develop technology to enlist the world's trash in slowing global warming. REUTERS/Alister Doyle/File Photo
OSLO - Norway said on Monday it would finance 16.8 billion crowns out of an estimated total investment of 25.1 billion crowns for what could be the world’s first full-scale carbon capture and storage project. CCS has been cited by governments, energy companies and industry for decades as central to plans to reduce emissions and move to a lower-carbon future, but development has been slow and there are few commercial projects in existence in the world.
Under the plan, the Norwegian government would fund a carbon capture project at a cement factory in southern Norway operated by Germany's Heidelberg CementThe government would also finance a facility at a waste incineration plant in Oslo operated by Finland's FortumOslo will also finance Northern Lights, a joint venture between European oil majors Equinor
CCS...is what ? ...for us in the US who have no idea what CCS stands for.... just spell it out .
Story is correct, but wrong factory shown in picture.....
MingGao26 Norway moving forward
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Source: Reuters - 🏆 2. / 97 Read more »