• Natural Gas News

    Japan's NYK joins global CCS think tank

Summary

By joining the Global CCS Institute, NYK said it will be able to closely monitor the development and expansion of carbon capture and storage.

by: Shardul Sharma

Posted in:

Complimentary, Asia/Oceania, Carbon, Corporate, News By Country, Japan

Japan's NYK joins global CCS think tank

Japanese shipping company 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, it said on June 10.

CCS is a technology to capture CO2 at the source, such as a power or chemical plant for example, by separating CO2 from other gases, compressing the CO2 for transportation, and then injecting the CO2 deep into underground or undersea rock formation where the CO2 is permanently stored. CCS technology is being used around the world in different ways and is already cutting greenhouse gas emissions.

By joining the Global CCS Institute, NYK said it will be able to closely monitor the development and expansion of CCS and will aim to contribute to the realisation of a decarbonised 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.