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CARBON EMISSIONS

Norway boasts world’s largest carbon capture lab

Norway on Monday inaugurated what it called the world's largest laboratory for capturing carbon dioxide, a leading strategy for fighting global warming.

Norway boasts world's largest carbon capture lab
Prime Minister Jens Stoltenberg opens the Mongstad technology centre (Photo: Marit Hommedal/Scanpix)

Located at an oil refinery on Norway's west coast, the Technology Centre Mongstad aims to test French and Norwegian methods of capturing carbon dioxide emissions and burying them underground to prevent them from escaping into the atmosphere.

"We need to find a way to reconcile the need for energy and the need for emission reductions," said Prime Minister Jens Stoltenberg as he inaugurated the site.

"Carbon-capture technology is a key," he said, adding: "This technology may deliver up to 20 percent of the emission reductions needed by 2050."

Built at an estimated cost of 5.9 billion krone ($1 billion) mainly with state funds, the Mongstad centre is "the world's largest and most advanced laboratory for testing carbon-capture technologies",
Stoltenberg said.

The centre is three-quarters owned by the state firm Gassnova, followed by a 20 percent stake held by Norway's Statoil, with the Anglo-Dutch Shell and South Africa's Sasol holding the remaining stakes.

It is testing technologies of the French company Alstom and those of Norway's Aker Solutions.

Stoltenberg launched the ambitious project in 2007 with the aim of making Norway a world leader in capturing and storing carbon dioxide, a goal he likened in importance to a Moon landing.

But the project has been plagued with delays and cost overruns: the goal of large-scale capture and storage of the carbon dioxide emitted by Mongstad's refinery and natural gas processing plant was initially set to enter operation in 2014, but is now expected to become possible in 2020 at the earliest.

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SHIPPING

Danish shipping giant calls for global carbon tax for shipping

Maersk, the world's largest shipping firm, on Wednesday called for a carbon tax on ship fuel to encourage the transition to cleaner alternatives.

Danish shipping giant calls for global carbon tax for shipping
The Maersk Batam container ship is loaded at the Port of Southampton. Photo: Adrian Dennis / AFP

The Danish firm proposed a tax of at least $450 per tonne of fuel, which works out to $150 per tonne of carbon.

Maersk CEO Soren Skou called the tax proposal “a levy to bridge the gap between the fossil fuels consumed by vessels today and greener alternatives that are currently more expensive.”

The call by Maersk for the fuel tax comes ahead of a meeting later this month of the International Maritime Organization, at which the UN body is due to consider how to reduce emissions from the shipping sector.

The sector is responsible for emitting 940 million tonnes of carbon per year, or about 2.5 percent of the global total, according to the European Commission, as most ships continue to use heavy fuel oil, one of the most polluting fuels.

Maersk would be hit by such a fuel tax as it is a major consumer of ship fuel, but the firm believes the IMO is not moving fast enough and wants to see additional measures to shift the industry towards cleaner options.

The firm, which currently has some 700 ships, has announced plans to launch in 2023 its first ship that will use biomethane or renewable natural gas as a fuel.

The company aims to become carbon neutral in 2050.

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