Norwegian energy company Statoil said Monday it was leading a partnership aimed at advancing Paris climate efforts through carbon capture and storage. Statoil said it would lead a project alongside the Norwegian subsidiaries of Royal Dutch Shell and French supermajor Total in storing carbon dioxide captured from industrial facilities in eastern Norway at an offshore site. “Statoil believes that without carbon capture and storage, it is not realistic to meet the global climate target as defined in the Paris agreement,” Irene Rummelhoff, Statoil’s executive vice president for new energy solutions, said in a statement . The International Energy Agency described carbon capture and storage as a necessary addition to other low-carbon energy technologies meant […]