News Karnataka
Wednesday, October 05 2022
Europe

Denmark: Country announces 1st tender for carbon storage permits

carbon storage permits
Photo Credit : IANS

Copenhagen: Applications for permits to explore and store carbon dioxide (CO2), “the first of its kind” in Denmark, will open from August 15 to October 1, said Danish Energy Agency (DEA).

The tendered area is located in the Danish part of the North Sea, according to a statement from the DEA on Friday.

The tender comes after an all-party Climate Agreement entered into on June 30, 2021, for carbon storage, Xinhua news agency reported.

“The capture and storage of carbon (CCS) plays a significant role in meeting the national climate targets, as the CCS technology can contribute to reducing emissions that are otherwise difficult to reduce in other ways,” says the statement.

“The CCS can also be used to create negative emissions,” it added.

Tender applications can be submitted annually, and exploration permits are valid for up to six years, said the DEA.

“If a suitable location for carbon storage is found, the permit can be extended for up to 30 years,” it added.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp