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Climate Change

100-plus Asian companies share tech in carbon storage push

Public-private project to move CO2 via pipeline and sea to sequestration facilities

Participating businesses will pursue projects for pumping carbon dioxide into the ground near where it is emitted and for liquefying CO2 so that it can be shipped to countries with plenty of room to store it.    © Reuters

TOKYO -- More than 100 businesses in Asia will work together to develop carbon storage technology under a public-private initiative launched by Japan, hoping to bring down the prohibitive costs that currently stand in the way of commercialization.

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