{"id":157597,"date":"2024-05-25T15:00:39","date_gmt":"2024-05-25T14:00:39","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/why-norway-and-the-us-are-leading-the-way-in-this-game-changing-technology-transforming-business\/"},"modified":"2024-05-25T15:00:39","modified_gmt":"2024-05-25T14:00:39","slug":"why-norway-and-the-us-are-leading-the-way-in-this-game-changing-technology-transforming-business","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/why-norway-and-the-us-are-leading-the-way-in-this-game-changing-technology-transforming-business\/","title":{"rendered":"Why Norway and the US are leading the way in this game-changing technology | Transforming Business"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i1.ytimg.com\/vi\/0_O4eHL7nEM\/hqdefault.jpg\" alt=\"Why Norway and the US are leading the way in this game-changing technology | Transforming Business\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/0_O4eHL7nEM\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>Carbon capture and storage is a hot topic right now  \u2014 including in Germany, where the technology is still banned. The U.S. and Norway, by contrast, have been using CCS for decades. The oil and gas industries there have amassed a great deal of know-how regarding the capture and storage of CO2. Both countries are now looking to ramp up the technology with tax incentives and subsidies, in the U.S. by way of the Inflation Reduction Act and in Norway by way of the prestigious Longship project. And now Germany is also set to change course, announcing plans to implement the technology in \u2018hard to abate\u2019 sectors. Those include the cement, chemicals and steel industries, for which there is no technological solution to achieve climate neutrality. So how does CCS actually work? What are the U.S. and Norway doing to incentivize the technology? And did Germany make a mistake with its more hesitant strategy? <\/p>\n<p>Chapters<br \/>\n0:00 Intro<br \/>\n0:57 How does Carbon Capture and Storage work?<br \/>\n1:43 CCS for \u2018hard-to-abate\u2019 industries<br \/>\n2:47 Banned in Germany<br \/>\n3:41 The Norwegian example<br \/>\n4:50 The Northern Lights project<br \/>\n6:30 Carbon Capture and Storage in the U.S.<br \/>\n7;33 The role of oil and gas companies<br \/>\n8:27 What do Europeans think?<br \/>\n9:38 What\u2019s changing in Germany?<br \/>\n10:57 What are the risks of CCS?<br \/>\n11:52 Outro <\/p>\n<p>#TransformingBusiness #CCS #carboncapture<br \/>\nSubscribe: https:\/\/www.youtube.com\/user\/deutschewelleenglish?sub_confirmation=1<\/p>\n<p>For more news go to: http:\/\/www.dw.com\/en\/<br \/>\nFollow DW on social media:<br \/>\n\u25baFacebook: https:\/\/www.facebook.com\/deutschewellenews\/<br \/>\n\u25baTwitter: https:\/\/twitter.com\/dwnews<br \/>\n\u25baInstagram: https:\/\/www.instagram.com\/dwnews<br \/>\n\u25baTwitch: https:\/\/www.twitch.tv\/dwnews_hangout<br \/>\nF\u00fcr Videos in deutscher Sprache besuchen Sie: https:\/\/www.youtube.com\/dwdeutsch<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carbon capture and storage is a hot topic right now \u2014 including in Germany, where the technology is still banned. The U.S. and Norway, by contrast, have been using CCS for decades. The oil and gas industries there have amassed a great deal of know-how regarding the capture and storage of CO2. Both countries are [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":157598,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[130889],"tags":[134940,133015,133396],"actors":[],"class_list":["post-157597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dw-news","tag-capture","tag-carbon","tag-storage"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Norway and the US are leading the way in this game-changing technology | Transforming Business | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Why Norway and the US are leading the way in this game-changing technology | Transforming Business for free, here on News ISC. 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