The Carbon Removers have signed a breakthrough deal to sequester 50 000 tonnes of CO2 permanently in a depleted oil field, 1,800 metres below the North Sea seabed.
This is part of Greensand Future, the EU’s first operational CO2 storage facility intended to mitigate climate change, operated by INEOS. Greensand Future aims to safely capture and permanently store 400.000 tons of CO2 each year from the end of 2025, with a potential to store...