Nordea signs carbon removals deal with Inherit Carbon Solutions

  • Gas
  • March 13, 2025

Nordics financial company Nordea has signed a multi-year carbon removals contract with Norwegian company Inherit Carbon Solutions to capture and store at least 68,000 tonnes of carbon dioxide (CO2) from the atmosphere.

Inherit Carbon Solutions’ technology will capture CO2 from a biogas plant in Denmark, using agricultural organic waste as feedstock, where it is liquefied and transported for geological storage under the North Sea.

The agreement will start generating carbon removal credits in 2026, marking one of the first bioenergy with carbon capture and storage (BECCS) plants to start operations in the Nordic region.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

   

  • Related Posts

    • Gas
    • March 13, 2025
    Europe unveils €4.4bn investment in South African clean energy

    The European Union (EU) is to invest €4.4bn in South Africa’s clean energy industry as part of a global gateway investment package. South Africa becomes the first country to sign…

    • Gas
    • March 13, 2025
    Redefining large-scale LNG projects

    Ken West, President and CEO of Energy and Sustainability Solutions (ESS) at , outlines how the Air Products LNG process technologies acquisition creates a new industry execution model Global energy demand…

    Have You Seen?

    COMMENTARY: Understanding EPA’s “Biggest Deregulatory Action in U.S. History” – Alex Epstein

    • March 13, 2025
    COMMENTARY: Understanding EPA’s “Biggest Deregulatory Action in U.S. History” – Alex Epstein

    India Hiked African and South American Crude Imports in February

    • March 13, 2025
    India Hiked African and South American Crude Imports in February

    U.S. Energy Project Permitting Slows Amid Layoffs of Federal Employees

    • March 13, 2025
    U.S. Energy Project Permitting Slows Amid Layoffs of Federal Employees

    Saudi Crude Supply to China Set for One Year Low in April

    • March 13, 2025
    Saudi Crude Supply to China Set for One Year Low in April

    Europe unveils €4.4bn investment in South African clean energy

    • March 13, 2025
    Europe unveils €4.4bn investment in South African clean energy

    LAYOFFS, BABY, LAYOFFS – Musk’s Layoffs Shrink Workforce Needed to Realize Trump’s Energy Agenda

    • March 13, 2025
    LAYOFFS, BABY, LAYOFFS – Musk’s Layoffs Shrink Workforce Needed to Realize Trump’s Energy Agenda

    Oil Steady as Economic Concerns Weigh Despite Firm Demand Expectations

    • March 13, 2025
    Oil Steady as Economic Concerns Weigh Despite Firm Demand Expectations

    Oil Prices Dip Despite Bullish Demand Outlook

    • March 13, 2025
    Oil Prices Dip Despite Bullish Demand Outlook

    EPA Launches Review of Climate Legislation

    • March 13, 2025
    EPA Launches Review of Climate Legislation

    U.S. Natural Gas Demand Set to Stay at Record High in 2025 and 2026

    • March 13, 2025
    U.S. Natural Gas Demand Set to Stay at Record High in 2025 and 2026