The costs of carbon sequestration and how we can help mitigate the costs
Cost is a big hurdle many emitters face in their desire for carbon sequestration and employing carbon capture and storage technology. At CCS Energy, we have several solutions that help mitigate the cost and assist companies in transitioning to carbon-neutral technology.
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The captured carbon is stored in depleted oil and gas reservoirs safely and securely
Where is the captured carbon stored? The idea almost sounds counter-intuitive; however, putting it back where it came from is the best alternative to letting it loose in the atmosphere.
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Current global emissions continue to rise despite the call for full scale decarbonisation
Despite efforts, current global emissions continue to rise against the backdrop of world efforts to achieve net zero by 2050. During 2021, global emissions rebounded by 5%, approaching the 2018/19 peak.
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Northern Lights CCS project is gaining traction around the world
Equinor, Shell and TotalEnergies form the transport and storage consortium of Northern Lights. The Northern Lights CCS project is a component of Longship, the Norwegian Government’s full-scale carbon capture and storage project.
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Carbon capture and storage companies around the world are stepping on the brakes.
Carbon capture and storage companies around the world are working to put the brakes on global greenhouse emissions. The world’s energy consumption is skyrocketing and CCS is ready now to slow CO2 emissions across the globe.
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Australia’s carbon emission reduction plan will need CCS to succeed
Australia has a significant role to play in reducing carbon emissions. The global ambition is to not only reduce carbon emissions but get to a position where the world is at net zero in the next 25-30 years.
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