Maersk has big hopes for CO2 transfer

The tanker division of shipping giant Maersk says it sees great promise in the transport of CO2 from power stations to undersea sequestration sites.

So-called carbon capture and storage (CCS) is seen by many as one of the great hopes for reducing greenhouse emissions, involving burying carbon emissions underground in disused oil and gas fields rather than venting them to the atmosphere. The viability of CCS is yet to be fully proven and best estimates put any wholesale take-off in the practice at one to two decades away.

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Posted on April 14, 2010 · in Global

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