Mitsubishi, Mitsui Team Up for CO2 Storage

Mitsubishi and Mitsui & Co plan to launch a project to store carbon dioxide in the seabed off Western Australia, The Japan News reported, The Japan News reported, citing its Japanese-language sister paper Yomiuri Shimbun.

This technology has attracted attention as a way to promote decarbonisation and the companies plan to begin by March procedures to obtain permission from the Australian government to conduct a detailed survey of the ocean floor.

Read the full report: The Japan News

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Tags: Australia

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.