It had planned to capture up to 1 million tonnes of CO2 per year from an oil refinery and gas plant and store it underground. They spent $880 million on the project.
Last year the BBC wrote:
To meet the internationally agreed target of keeping the temperature rise since pre-industrial times below 2C (3.6F), the IEA calculates there should be about 1,500 full-scale CCS plants in operation by 2035.Norway seemed like the country most committed to making carbon capture and storage (CCS) work [perhaps because they felt so guilty about selling so much North Sea oil and getting rich off it]. They still have a CCS demonstration plant at the Sleipner gas field offshore, also using amine technology, with the CO2 there sent back into the gas reservoir.
Currently, there are just eight.
Norway has the 3rd-largest per capita GDP in the world, but oil and gas revenues make up 20% of their GDP and they are staring down the wrong side of the Hubbert curve, which can't be a comfortable feeling: