Environment & Climate
Australia designates offshore seabed site for Inpex carbon dioxide storage
Associated Press reports that Australia has designated a northern seabed site for Inpex's planned carbon dioxide storage, pending environmental assessments and licenses.
The short version
- Australia has designated a seabed storage site near its northern coast where Inpex plans to store carbon pollution.[Associated Press]
- Inpex says the site can permanently store up to 443 million metric tons of CO2 over 35 years.[Associated Press]
- Resources Minister Madeleine King called the designation an important step, while environmental groups are concerned about ecosystem harm.[Associated Press]
- Inpex must complete environmental impact assessments and obtain other government licenses before a final investment decision and CO2 injection.[Associated Press]
Key facts
- Australia has designated a seabed storage site near its northern coast where Inpex plans to store carbon pollution.[Associated Press]
- Inpex, a Japanese energy company, would lead the carbon storage project at the designated site.[Associated Press]
- According to Inpex, the approved site can permanently store up to 443 million metric tons (488 million tons) of carbon dioxide over 35 years.[Associated Press]
- Australian Resources Minister Madeleine King said the designation was an important step and demonstrated government support for technologies that help reduce emissions.[Associated Press]
- Inpex is conducting environmental impact assessments and must obtain other government licenses before a final decision is made and CO2 injection starts.[Associated Press]
What remains uncertain
- The timing of a final investment decision and CO2 injection is unknown because environmental assessments and other government licenses are still pending.[Associated Press]
- Environmental groups say the project could harm marine, coastal and terrestrial ecosystems and prolong the use of heavily polluting fossil fuels; these concerns are reported and not yet tested by the pending assessments.[Associated Press]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- Australia approves seabed site where a Japanese company will store carbon pollutionAssociated Press · Wire: associated-press