Abstract
A description is provided of the legal/regulatory situation, as of early December 2021, for CO2 transport from Sweden/Preem AB to Norway/Northern Lights.
CO2 transport from Sweden to Norway for the purpose of geological storage under the seabed is since 2019 legal, thanks to the provisional application of the amended Article 6 of the London Protocol, provided that the necessary unilateral declarations are deposited from Norway and Sweden to IMO and that Sweden and Norway enter a bilateral agreement on the matter.
Economic incentives for CCS include the EU-ETS for fossil CO2 and the Swedish support for Bio-CCS through reverse auctioning.
CO2 transport from Sweden to Norway for the purpose of geological storage under the seabed is since 2019 legal, thanks to the provisional application of the amended Article 6 of the London Protocol, provided that the necessary unilateral declarations are deposited from Norway and Sweden to IMO and that Sweden and Norway enter a bilateral agreement on the matter.
Economic incentives for CCS include the EU-ETS for fossil CO2 and the Swedish support for Bio-CCS through reverse auctioning.