NYK has become a member of the Global CCS Institute, an international think-tank established to promote the use of carbon capture and storage (CCS) technologies worldwide, says a press release published on their website.
What Is CCS
CCS is a technology to capture CO2 at the source — such as power plants, chemical plants, and the like — by separating CO2 from other gases, compressing the CO2 for transportation, and then injecting the CO2 deep into underground or undersea rock formation at a carefully selected and safe site, where the CO2 is permanently stored. CCS technology is being used around the world in different ways and is already cutting greenhouse gas emissions.
Closely Monitor The Development
By joining the Global CCS Institute, NYK will be able to closely monitor the development and expansion of CCS and will aim to contribute to the realization of a decarbonized society by participating in CCS projects in the areas of offshore transportation of compressed liquefied CO2 and the injection of CO2 from offshore facilities into undersea rocks.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!