ZERO finds it positive that Norway may decide to contribute to realizing carbon capture and storage (CCS) abroad.
ZERO believes that the national budget presented on October 8th will be a milestone for Norwegian CCS work.
In the national budget for 2015, Prime Minister Erna Solberg and Minister of Energy Tord Lien must deliver a concrete plan for the implementation of a full-scale CCS project, and provide sufficient funds for this. Without a clear plan and money available, it will be difficult for the government to achieve their goal to have a full-scale CCS project by 2020. ZERO has great expectations to see specific measures included in the national budget.
It is now one year since the Mongstad CCS project was cancelled. We have heard little about the Norwegian development of CCS from the Solberg government since then.
Therefore, ZERO thinks it is positive that the government is looking at ways to support a full-scale plant abroad in the near future. CCS is one of several important measures to solve the global climate challenge. Political will and action is essential to develop and build CCS projects worldwide.
October 2nd, the full-scale CO2 capture plant at Boundary Dam in Canada will open. The plant shows that the technology is mature and available for use today. There is potentially great learning in the fact that SaskPower has built a CCS plant, which will capture 1 million tonnes of CO2/y for 600 million CAD, in three years.
Climate change issues are a global challenge. ZERO believes that Norway must, with its historical responsibility for greenhouse gas emissions from the oil and gas sector, support projects that provide international cut. Norwegian support to a foreign plant is positive, and can spark a development of plants in Norway, through new learning and cooperation.
ZERO believes that the government must do several things at the same time. Besides the possible financing of a plant abroad, the government must pursue the building of full-scale plants in Norway. It is the only way that we can achieve our goal of cutting CO2 emissions in Norway.