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Norway bids to capture business by capturing carbon

2016-07-04 08:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Politico: A Norwegian prime minister once compared the difficulty of capturing carbon and storing it underground to a "moon landing." But just as the lunar program transformed the U.S. economy, this technology could do the same for Norway. Carbon capture and storage projects face long odds, struggling to show the technology can both work and be affordable. But the potential benefits of success could be huge, allowing the world to burn oil, coal and gas without unleashing runaway climate change. Greenhouse...

Tags: business capture norway carbon

Oil prices rise due to potential strike in Norway

2016-06-29 01:00:00| Offshore Technology

Oil prices have increased as initial shocks of Britain leaving the European Union (EU) fade, and also due to a potential workers' strike in Norway that threatened to cut supply.

Tags: due prices potential oil