New law allows CO2 seabed storage for first time

09 February 2007 14:51  [Source: ICIS news]

LONDON (ICIS news)--Storing polluting carbon dioxide (CO2) beneath the seabed would be allowed for the first time from Saturday, the International Maritime Organization (IMO) said.

 

New legislation would permit CO2 from green carbon capture processes to be permanently buried in rock under the seabed, said the IMO on Friday.

 

Although carbon capture was not yet widely used in the chemical industry there were many companies looking into the technology, said Peter Botschek of European chemical association Cefic.

 

"We are not yet there but this is the way to go," said Botscheck, director of energy, health, safety and environment.

 

Other industries which could benefit from the international agreement include power plants using fossil fuels, steel works and fuel processing plants.

 

The IMO said it was part of a range of measures to tackle climate change and ocean acidification. Guidelines would be drawn up in November to ensure the safe storage of CO2 and welfare of the marine environment, said the agency.

 

The IMO is a United Nations (UN) agency responsible for the safety and security of shipping, and the prevention of marine pollution by ships.

 


By: Graeme Paterson
+44 20 8652 3214



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