A Danish project to store captured CO2 in North Sea reservoirs that were once filled with oil and gas moved a step closer to becoming operational, after winning approval from new stakeholders. Twenty-nine companies, research institutes and universities agreed to support the next testing phase of the Greensand project, according to a statement on Tuesday. The backing came after initial work by the project’s original four members, including Maersk Drilling A/S and INEOS Energy , showed the location is physically robust enough to store emissions safely. Denmark has some of Europe’s toughest targets for cutting emissions, with a goal to reduce its carbon footprint by 70% before 2030, compared with the level in 1990. The area encompassed by the Greensand project is large enough to fully meet Denmark’s target for removing CO2 from the atmosphere through carbon capture, according to the coalition of stakeholders. The Danish government wants the […]