Norway drops carbon capture plan it had likened to "Moon landing"

Norway drops carbon capture plan it had likened to "Moon landing"

Date: 23 Sep 2013

Source:  Reuters

Accessibility: Publicly available

Norway's outgoing center-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. "The development of full-scale carbon dioxide capture at Mongstad is discontinued," Norway's oil and energy ministry said, adding that it was still committed to research into carbon capture and storage. The plan had been to capture carbon emissions from a natural gas plant at the site, which also hosts an oil refinery, and pipe them into underground storage on the Norwegian continental shelf. That would remove the gas from the atmosphere in a step to slow global warming. But low prices for carbon dioxide emissions and economic slowdown in many European nations had dimmed interest in the technology, the ministry said.