Harnessing potential of biological CO2 capture for Circular Economy
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Norway
Current government strategy for CCUS
- Develop CCS projects in a cost-efficient manner
- Facilitate large-scale infrastructure and storage opportunities at NCS
- Decarbonize hard-to-abate industry
- Focus on low-carbon H2 deployment
- Share knowledge and best-practice
Deployment policies and programmes in place
- CO2 tax and the European Trading Scheme
- Ratified the amendment to the London Protocol and deposited a declaration on provisional application
- Financial support for the Longship project
Priorities going forward
- Establish a business case for CO2-storage
- Establish bilateral agreements with relevant countries as foreseen under the LP
- New acreage for CO2 storage
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