{"id":464387,"date":"2023-11-22T09:11:38","date_gmt":"2023-11-22T08:11:38","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=464387"},"modified":"2023-11-22T09:11:38","modified_gmt":"2023-11-22T08:11:38","slug":"dutch-milestone-yara-becomes-first-company-in-the-world-to-export-co2","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/dutch-milestone-yara-becomes-first-company-in-the-world-to-export-co2\/","title":{"rendered":"Dutch milestone: Yara becomes first company in the world to export CO2"},"content":{"rendered":"\n<p>Yara Sluiskil, a fertilizer producer in Zeeland, is setting a world first by capturing CO\u2082 and exporting it to Norway, where it will be stored under the North Sea. The ambitious project will start transporting 800,000 tons of CO\u2082 a year in 2026, drastically reducing Yara&#8217;s total emissions of 3.2 million tons by 2020. The company made final agreements with the Ministry of Economic Affairs and Climate in The Hague yesterday. It involves a total investment of 194 million euros in the Sluiskil plant, for which 30 million euros will be subsidized and the company itself will contribute 160 million euros.<\/p>\n\n\n\n<div class=\"io-block io-block__summary\"><ul><li>Fertilizer producer Yara Sluiskil is pioneering a global first by capturing and exporting 800,000 tons of CO\u2082 annually to Norway for storage beneath the North Sea;<\/li><li>The Dutch government is subsidizing 30 million euros of the project;<\/li><li>Yara sets a potential global precedent, with implications for the broader industry and environmental policies.<\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Investing in the future<\/h2>\n\n\n\n<p>Yara Sluiskil&#8217;s initiative is a response to the urgent need for climate action. With annual emissions of <a href=\"https:\/\/nos.nl\/l\/2498667\">1.8 million tons of CO\u2082<\/a>, the pressure on the company to become more sustainable is considerable. The subsidy provided by the Dutch state comes with conditions; the financing is intended to cover financial risks with an obligation to repay.<\/p>\n\n\n\n<p>Yara&#8217;s investment is motivated by the vision that industry plays a key role in the energy transition. At the same time, the Dutch government has its own reasons for supporting this project. Minister Adriaansens has <a href=\"https:\/\/www.change.inc\/energie\/nederlandse-co2-van-kunstmestproducent-yara-wordt-opgeslagen-in-noordzee-38807\">emphasized in the past<\/a> that the Netherlands must accelerate in tackling emissions. The minister has also indicated that the Netherlands is not always seen as an attractive partner for such initiatives, which explains the need for government investment.<\/p>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link advgb-dyn-c67eb587\"><a href=\"https:\/\/innovationorigins.com\/en\/texas-is-building-the-worlds-largest-co2-capture-plant-revolution-or-green-illusion\/\" class=\"vlp-link\" title=\"Texas is building the world\u2019s largest CO2 capture plant: Revolution or Green Illusion?\" rel=\"nofollow\" target=\"_blank\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><img decoding=\"async\" src=\"https:\/\/innovationorigins.com\/app\/uploads\/2023\/09\/stratos.jpg\" style=\"max-width: 150px; max-height: 150px\" \/><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">Texas is building the world\u2019s largest CO2 capture plant: Revolution or Green Illusion?<\/div><div class=\"vlp-block-1 vlp-link-summary\">The Texas \u201cStratos\u201d is to remove fifty thousand tons of CO2 from the atmosphere annually. The Biden administration is fully committed to this technology.<\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">The technology behind the project<\/h2>\n\n\n\n<p>Yara&#8217;s project is part of a larger movement around CCS technology. The principle is simple: capture CO\u2082 at source, liquefy it for transport, and store it in empty gas fields under the seabed. To this end, Yara is working with Norwegian technology company Aker Solutions. They play a crucial role in realizing the technical side of the project.<\/p>\n\n\n\n<p>In Norway, there are already 20 years of experience with storing CO\u2082 in empty gas fields, something that is considered a success story within CCS practices. The Sleipner field, for example, has demonstrated that large-scale storage of CO\u2082 is safe, thanks in part to Norway&#8217;s introduction of a carbon price. This provides an important basis for confidence in Yara Sluiskil&#8217;s project and the future of CCS.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Critical view of CCS<\/h2>\n\n\n\n<p>Although CCS is seen by many climate scientists as an indispensable tool in the fight against climate change, there are also critical voices. Environmental organizations point to the high costs and the risk that CCS will maintain dependence on fossil fuels. The international picture of CCS is mixed, with some projects emitting more CO\u2082 than they capture.<\/p>\n\n\n\n<p>These criticisms are part of a broader discussion about the role of CCS in the energy transition. It is a complex balancing act between the immediate impact of CO\u2082 reduction and the long-term vision of energy supply. However, the Dutch government and Yara seem determined to see CCS as part of the solution.<\/p>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link advgb-dyn-6fb7cee1\"><a href=\"https:\/\/innovationorigins.com\/en\/law-and-climate-action-excessive-co2-removal-could-be-illegal\/\" class=\"vlp-link\" title=\"Law and climate action: excessive CO2 removal could be illegal\" rel=\"nofollow\" target=\"_blank\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><img decoding=\"async\" src=\"https:\/\/innovationorigins.com\/app\/uploads\/2022\/08\/9MP0kLcm-climeworks-first.jpeg\" style=\"max-width: 150px; max-height: 150px\" \/><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">Law and climate action: excessive CO2 removal could be illegal<\/div><div class=\"vlp-block-1 vlp-link-summary\">Governments that over-rely on carbon dioxide removal (CDR) to meet their climate targets may be breaching international law, says a new study.<\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Global impact and vision for the future<\/h2>\n\n\n\n<p>Yara&#8217;s decision to export CO\u2082 for storage in Norway is not only a first for the company but also has the potential to set a precedent for the global industry. With the Porthos project on the horizon, which also includes CO\u2082 storage in empty gas fields off the coast of the Netherlands, the trend appears to be <a href=\"https:\/\/www.change.inc\/energie\/nederlandse-co2-van-kunstmestproducent-yara-wordt-opgeslagen-in-noordzee-38807\">spreading<\/a>. Its innovative approach can be a catalyst for change and an example for other industries striving to become more sustainable.<\/p>\n\n\n\n<p>The outcome of this project will not only reduce Yara&#8217;s carbon footprint but also provide insight into the feasibility and effectiveness of international CCS initiatives. Yara Sluiskil&#8217;s project will be a test case for industry and environmental policy worldwide. Will this Zeeland company set the tone for a new phase in the global fight against climate change? Time will tell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yara Sluiskil, a fertilizer producer in Zeeland, is setting a world first by capturing CO\u2082 and exporting it to Norway, where it will be stored under the North Sea. The ambitious project will start transporting 800,000 tons of CO\u2082 a year in 2026, drastically reducing Yara&#8217;s total emissions of 3.2 million tons by 2020. The [&hellip;]<\/p>\n","protected":false},"author":2589,"featured_media":493251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[42],"tags":[69773,9569,82324],"location":[6763],"article_type":[36684],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-464387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-nl","tag-co2-2","tag-export","tag-yara","location-netherlands","article_type-news"],"blocksy_meta":[],"acf":{"subtitle":"Zeeland fertilizer plant Yara will be the first company in the world to ship CO2 abroad for climate reasons.","text_display_homepage":false},"author_meta":{"display_name":"Team IO","author_link":"https:\/\/ioplus.nl\/archive\/author\/erikdevries\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2023\/11\/Yara.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">Sustainability<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Sustainability<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">co2<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">Export<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">Yara<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">co2<\/span>","<span class=\"advgb-post-tax-term\">Export<\/span>","<span class=\"advgb-post-tax-term\">Yara<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 2 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on November 22, 2023","modified":"Updated on November 22, 2023"},"absolute_dates_time":{"created":"Posted on November 22, 2023 9:11 am","modified":"Updated on November 22, 2023 9:11 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/464387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/2589"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=464387"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/464387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/493251"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=464387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=464387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=464387"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=464387"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=464387"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=464387"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=464387"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=464387"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=464387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}