Major milestone for decarbonizing Europe

Euronext Oslo, espescially Euronext Growth has been named Europe's green stock exchange. The green transition goes on.

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KBleivik
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Major milestone for decarbonizing Europe

Post by KBleivik »

Yara and Northern Lights have signed the world’s first commercial agreement on cross border CO2 transport and storage. This is groundbreaking for the decarbonization of European heavy industry, opening the market for cross border CO2 transport and storage as a service. It is also a major milestone towards achieving Yara’s own net zero targets.
Source: Decarbonizing heavy industry with CCS to reach climate goals


In a nutshell it is cheaper for Yara to pay for CCS than pay the price for the CO2 emissions.

Semantic links:

Reuters | Oil trio's Northern Lights in Yara CO2 emissions storage deal/

CCS | Carbone Capture and Storage
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