CO2 capture and storage affects nearly all aspects of business.
Currently the CO2 tax determines the value of CO2. This tax is anticipated to increase in coming years, which makes transporting captured COR to a storage or an Enhanced Oil Recovery (EOR) site an attractive proposition.
Lately, industry is witnessing a steady increase in the number of Carbon Capture and Sequestration (CCS) projects being undertaken. Many of these provide underground or undersea storage in areas with stable geological strata.
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