Santos CCS trial successful, but project hinges on carbon credits

Published 01:35 on October 22, 2020  /  Last updated at 01:35 on October 22, 2020  /  Asia Pacific, Australia  /  No Comments

Australian oil and gas company Santos has injected 100 tonnes of CO2 underground at its Moomba CCS project as a trial, but the scheme’s future will depend on the government finalising a method that will allow carbon capture and storage projects to earn carbon credits, the company said Thursday.

Australian oil and gas company Santos has injected 100 tonnes of CO2 underground at its Moomba CCS project as a trial, but the scheme’s future will depend on the government finalising a method that will allow carbon capture and storage projects to earn carbon credits, the company said Thursday.

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