Denmark hopes to pump some climate gas beneath the sea floor
The HinduDenmark pushed the button Wednesday on an ambitious project that aims to bury vast amounts of planet-heating carbon dioxide gas beneath the North Sea floor, in the hope that it can help the Nordic nation and others meet climate targets. An international consortium including chemicals giant INEOS and gas and oil producer Wintershall Dea said Project Greensand in Denmark's North Sea will be the world’s first cross-border carbon storage project. “To keep global temperatures below 1.5 degrees we need to remove carbon on top of our efforts to reduce emissions,” European Commission President Ursula von der Leyen said in a video address at the Greensand launch event. “We often see oil and gas companies issue lofty announcements about breakthrough projects, but the reality is that if the company does not concurrently rein in production, their greenhouse gas emissions will continue to grow and the world’s 1.5 C goal will get harder and harder to reach,” she said.