Japan Proposes Injecting CO2 into the Seabed

 http://www.flickr.com/photos/kamoda/61229050/TOKYO — The Environment Ministry plans to promote projects to confine factory-emitted carbon dioxide in layers of porous rock.

more than 1,000 meters below the ocean floor to help fight global warming as reported by the Global Petroleum Club. 

Statoil (STO) of Norway has been injecting CO2 into gas fields of the Norwegian Sea since 1996.  As a matter of fact, the Norwegian partially privatized national oil company has been a leader and pioneer in CO2 reclamation, as they comply with the Kyoto Protocol and Norwegian carbon taxes.  

Oil Platform
Photo courtesy of statoil.com

Summary explanation of seabed CO2 injection from the International Symposium on Ultra Deep Ocean Engineering.

Link to the 2006 Statoil Magazine issue on global warming.

Link to article from DavidNeubert.com on Neubert's oil company holdings.

Link to article on Exxon, anti-science and oil company valuations in Neubert's Trades.  

 

 

 

Japan Flag photo courtesy of Nathan Duckworth via Creative Commons and Flickr

 Disclosures and confessions: David Neubert, Publisher/Founder of The Panelist owns Statoil (STO – ADR)