Norway funds world’s first carbon capture and storage project
September 22, 2020
Norway announced today that it will finance 16.8 billion kroner (US$1.8 billion) out of an estimated total investment of 25.1 billion kroner for the world’s first full-scale carbon capture and storage (CCS) project.
The project is named Longship after the Viking ships.
The Norwegian government will fund the following:
A carbon capture project at a cement factory in southern Norway, which is…