Carbon dioxide emissions generated by burning waste at incineration plants in London will be stored thousands of metersunder the North Sea far away in Norway.
Cory, a UK waste management and recycling company, plans to capture emissions atplants in the Britishcapital and ship them inliquid formon the River Thamesto aNorth Sea pipeline terminal that willconnect withNorwegian infrastructure. The deal was signed as amemorandum of understanding with Norway’sNorthern Lights carbon capture and storage project, according to astatementfrom the Norwegian goverment.
Norway is pushing to become a leader in carbon storage by using its oil and gas expertise to offer permanent underground storage to industries from across Europe. The technnology isn’t yet available on an industrial scale but is expected to play a major role in efforts to curb global warming in years to come.
Under the accord, the Nordic nation willby the end of the decade store about1.5 million metric tons of CO2in a reservoir more than 2.5 kilometers (1.6 miles) beneath the North Sea seabed. When it starts operations in 2024, theNorthern Lightsproject will be the first cross-bordertransport and storage infrastructure network for carbon emissions.
Cory’s planwas presented on Friday at the Norwegian Embassy in London to an audience that includedPrime Minister Jonas Gahr Store and UK Secretary of State for Business, Energy and Industrial StrategyKwasiKwarteng. No financial details were disclosed in the statement.
