“Today Greensand is starting to operate the first full-scale CO2 storage and value chain in the EU. This forms the foundation on which future carbon dioxide capture projects across Europe can now rely,” said INEOS CEO David Bucknall.
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CCS technology is one of the measures endorsed by the UN Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA) to halt global warming, especially to reduce the CO2 footprint in industries such as cement and steel production, which are difficult to decarbonize.
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