eu carbon dioxide town glance 111009
On the homepage
Vikings
Out There
Crimefighting
Mental health
Countries and companies setting up projects to store carbon dioxide underground
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
A quick survey of carbon capture projects and efforts around the world:
_ Sleipner, Norway: Since 1996, Statoil has been piping more than 1 million tons of carbon dioxide a year from a gas field under the North Sea into a nearby water-bearing rock formation to avoid a government carbon tax. The company says no carbon dioxide has leaked from the site, the world's oldest capture project.
_ Snohvit, Norway: Last year, Statoil began another project capturing 700,000 tonnes of carbon dioxide into a sandstone formation in the Barents Sea.
_ Salah, Algeria: Sonatrach, BP and Statoil have injected around 1 million tonnes of carbon dioxide a year from a Sahara desert gas field into a geological formation nearby.
_ Weyburn-Midale, North Dakota, United States and Saskatchewan, Canada: The Great Plains Synfuels Plant captures about 2.8 million tonnes of carbon dioxide a year when it turns coal into synthetic natural gas. The carbon dioxide is piped 200 miles to Canada and injected into near-empty oil fields to help pump out remaining oil.
_ Germany is already capturing CO2 at coal plants run by RWE AG and Vattenfall and seeking permission for storage sites.
_ The Group of Eight rich nations plan 20 large carbon capture projects that aim to show by 2020 whether the technology works. The European Union says it will set up at least 12 with initial funding of $1.5 billion and possibly up to $6.7 billion from selling cap-and-trade permits.
The U.S., Australia, Canada, China, Brazil, Poland, France, Spain, South Africa and the United Arab Emirates are also planning projects.
(This version CORRECTS Corrects slug)
Recent Business stories
Deutsche Bahn, Qatari Diar sign $26 billion railroad deal in gas-rich Qatar - November 10, 2009
Deutsche Bahn, Qatari Diar sign $26 billion railroad deal in gas-rich Qatar - An investment company owned by Qatar's sovereign wealth fund has signed a $26 billion (euro17 billion) joint venture with Germany's national railway operator to build a railroad network in the natural gas-rich Gulf sheikdom. More
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Be the first to comment | Hide reader comments