Capturing the carbon dioxide from power stations is not hard. But it is expensive. A new project in Norway aims to make it cheaper. ...There was a rush of interest in CCS in the late 2000s, including $3 billion for it in America’s stimulus package of 2009. But many projects are now being cancelled. Either the developers have lost confidence in government commitments to support them or their costs have turned out higher than expected. Mongstad—a billion-dollar development owned jointly by the Norwegian government and three oil companies, Statoil, Shell and Sasol of South Africa—is a rare exception that has actually opened. Hence the hoopla.Please read more from source:
