Netherlands injects €2.1bn into ‘Europe’s largest’ CCS project

The Dutch Government has announced a massive investment of €2.1 billion (£1.8bn) in what it claims to be Europe’s first and largest carbon capture and storage project.
The ‘Porthos’ project, which is being developed by a group of companies, including oil giants Royal Dutch Shell and ExxonMobil, will capture carbon emissions from factories and refineries in the Port of Rotterdam, the Netherlands, transport and store them in empty gas fields beneath the North Sea.
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