http://www.bbc.co.uk/news/world-europe-24183443

Norway abandons carbon capture plans

The outgoing government in Norway has buried much-vaunted plans to capture
carbon dioxide and store it underground amid mounting costs and delays. The
oil and energy ministry said the development of full-scale carbon dioxide
capture at Mongstad oil refinery had been discontinued. It said it remained
committed to research into carbon capture. When the Labour Party presented
the plan in 2007, it was hailed as Norway's equivalent of a "Moon landing".
Prime Minister Jens Stoltenberg and his allies lost a general election to
conservatives and centrists this month, and are due to step down shortly.
Mongstad had already run into difficulties. "At both the national and
international level, the development of technologies to capture and store
CO2 has taken longer, been more difficult and more costly than expected,"
Oil and Energy Minister Ola Borten Moe told reporters. The process was
patented back in the 1930s, and it is reckoned to be one of the most
important technologies available for tackling greenhouse gas emissions. In
another development on Friday, French President Francois Hollande said he
wanted to see France reduce fossil fuel use by 30% by 2030. He also
outlined plans for a carbon tax from 2014 and a tax break on home
insulation to help consumers save energy. Fossil fuels, he told a
conference on the environment in Paris, still accounted for more than 70%
of France's overall energy use.

September 20, 2013 18:10

BBC © 2013

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