Northern Lights JV’s Post

Not only is CCS a solution for achieving climate goals – it’s an opportunity to drive value creation and create jobs. Europe urgently needs more CO2 storage capacity to meet the Paris Agreement commitments, and cross-border CCS projects will be essential to scaling this technology. According to a study from SINTEF and Norges teknisk-naturvitenskapelige universitet (NTNU), the market for CO2 management in Europe could potentially involve 30,000 to 40,000 jobs directly linked to CO2 management in 2030, and from 80,000 to 90,000 in 2050. And as our Minister of Energy, Terje Aasland, stated at this year’s Summit: "By capturing and permanently storing CO2 from hard-to-abate industries, we will not only sustain crucial value creation but also secure new jobs and develop skill sets for future generations." Read the report here: https://lnkd.in/dhBufpz4 #NorthernLightsCCS #CarbonManagement #CCSIndustry

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