SYDNEY -- Australian oil and gas company Santos is planning a carbon capture and storage project that could sequester up to 10 million tons of carbon dioxide a year as it looks to make decarbonization a core part of its business portfolio.
Climate Change
Australia's Santos aims for 'world's largest' carbon capture plant
Decarbonization tech gains traction in resource-rich country to offset emissions
Santos decided last year to build a $165 million carbon capture facility in central Australia. (Photo courtesy of Santos)
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