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Carbon storage “mandate” could help CCS projects

Summary by Cosmos Science
Credit: Dmitry Kovalchuk/Getty Images A new report from Oxford Net Zero and Carbon Balance Initiative has presented a possible solution to a critical challenge facing the UK’s climate policy: how to develop carbon storage infrastructure while protecting public finances. It presents a carbon storage mandate, referred to as the “Carbon Takeback Obligation” (CTBO), which would require fossil fuel suppliers to permanently store a rising percentage o…

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Cosmos Science broke the news in Washington, United States on Monday, January 27, 2025.
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