“Carbon capture and storage is a proven technology and has the potential to play a key role in decarbonizing energy and industries across sectors to meet international climate targets,” said Equinor Executive Vice President Irene Rummelhoff. This will require enormous investment and innovation, including a huge amount of computing power and data,” said Brad Smith, president of Microsoft. "As a company, Microsoft is excited about and committed to supporting promising carbon capture approaches. Explore and establish advocacy of policies that help accelerate the contribution CCS can make to meeting Europe’s climate goals.Equinor, Shell and Total made a conditional investment decision on the Northern Lights CO2 transport and storage project in May 2020.
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