Santos, an Australian energy major with a focus on gas, wants to import carbon dioxide from Asia and store it in local reservoirs. The idea may have sounded somewhat eccentric a few years ago but it seems that carbon capture and storage is gaining traction thanks to government support for such projects. The support comes despite the scarcity of such projects in operation, with Bloomberg reporting there were only 30 carbon capture and storage projects across the world last year. Santos, however, has ambitious plans: it wants to collect carbon dioxide…
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