New agreements with Norway and Sweden now enable the transport of CO2 across Scandinavia for underground storage. CO2 capture, utilization, and storage are essential climate tools to reduce European CO2 emissions and have the potential to become a new Danish industrial adventure.

Denmark, Belgium, and the Netherlands have signed agreements with Norway and Sweden that enable the transport of CO2 across national borders for storage underground.

“CO2 capture and storage are one of the important necessary tools we need to achieve our Danish and European climate goals. Therefore, we must ensure climate policy that goes beyond Denmark’s borders – and we do this when the agreements open up for cross-border cooperation on CO2 capture and storage. We need to utilize the various resources and experiences we have across Europe, so we can scale up CO2 capture and storage and get the difficult emissions stored underground,” said Lars Aagaard, Minister for Climate, Energy and Utilities, in a press release.

At Danish Shipping, we have members ready with the ships that will help transport CO2. All this can help make Denmark an important European CO2 hub

Jacob K. Clasen, Deputy CEO of Danish Shipping

The news is warmly welcomed at Danish Shipping, where the hope is that this could be a crucial part in establishing a European internal market for CO2.

“When it comes to capturing and storing CO2 underground, Denmark is right at the forefront. It’s very positive that the Danish government is also proactive in establishing agreements with our neighboring countries, which can contribute to scaling up the entire CO2 sector and establish the necessary infrastructure. At Danish Shipping, we have members ready with the ships that will help transport CO2. All this can help make Denmark an important European CO2 hub,” said Jacob K. Clasen, Deputy CEO of Danish Shipping.