Norway could be getting into the business of importing and sequestering CO2 as a service, thanks to a new undersea project for carbon capture and storage.

The Norwegian Ministry of Petroleum and Energy has announced that it will be moving forward with an undersea project for carbon capture and storage (CSS), the first in the world to be able to store carbon dioxide (CO2) waste from multiple industrial sources. If the project is successful, it will serve as a stepping stone for full scale international operations.

The impetus behind this is to get ahead of the carbon capture curve and create an economically viable value chain solution for CCS. When this infrastructure is put into place, Norway will be able to import CO2 for permanent storage, providing a ready mechanism for countries and companies to set up their own CCS operations. It will also lower the threshold for a European hydrogen market. Norway could be getting into the business of importing and sequestering CO2 as a service.

In the fight to slow down climate change, few ideas generate more hype, scorn, and desperate hope than capturing carbon dioxide from the air. Critics point to its massive expense, as much as US $1000 to extract a metric ton of carbon dioxide.

Now Harvard geoengineer David Keith has proven that direct air capture is doable on an industrial scale for $100 a ton.

Carbon Engineering, the company Keith founded in 2009 and that has Bill Gates’ support, has been capturing a ton of carbon dioxide every day since 2015 at its pilot plant north of Vancouver.

The company combines it with hydrogen produced from water electrolysis to create liquid fuels.

Staying in the Paris Agreement would be the best thing for LED lighting, for all clean energies, and for the world in general.

It is thought difficult or impossible to meet the goal in the UN Climate Change Conference’s Paris Agreement of holding the global average temperature increase to well below 2°C without transitioning away from traditional fossil fuels to low-carbon renewable energy. Meeting the target likely means governments must support clean energy industries through subsidies or other means. President Donald Trump’s announcement that the U.S. will withdraw from the Paris climate accord is therefore good news for the short-term interests of fossil-fuel companies, but bad news for renewable energy suppliers working in solar power, wind and hydro. It is also likely bad news for the planet as a whole, as the U.S. withdrawal will mean more pollution and global warming.

The semiconductor industry has responded to President Trump’s plan to pull the United States out of the Paris Climate Accord with resounding reaffirmations of the industry’s commitment to sustainable and energy-efficient manufacturing practices.

Semiconductor companies including AMD, IBM, and Intel, alongside other tech giants such as Apple, Google, and Microsoft, have signed an open letter expressing their commitment to action on climate change. For chip companies, adopting sustainable processes appears to be as much a matter of sound business practice as of social responsibility.

As the world is still reeling from President Trump’s announcement to withdraw the United States from the Paris agreement, individuals, organizations, and states have been quick to register their disapproval and disgust.

Three states – California, New York, and Washington – have already announced they’re rebelling and forming a break-away group, while businesses, universities, and cities are similarly vowing to continue on the path of decabonization. These decisions are effectively shifting the responsibility of tackling climate change away from a federal level, and instead onto the local stage.

Combined might of Microsoft, Musk and other tech titans couldn’t persuade Prez to stay in climate pact