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Norway drops carbon capture plan it had likened to ‘moon landing’

23 Sep

Norway drops carbon capture plan it had likened to ‘moon landing’

Financial Post | Business

OSLO — Norway’s outgoing centre-left government dropped plans on Friday for a costly large-scale project to capture carbon dioxide that it once compared in ambition to sending people to the Moon.

The International Energy Agency says deployment of carbon capture and storage (CCS) technology is critical to reducing carbon emissions, but so far there is no full-scale commercial plant operating anywhere in the world.

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Posted by on September 23, 2013 in Investments

 

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