Equinor backs Beccs in joint Nordic initiative
Norwegian energy firm launches Njord Carbon project to scale up carbon-removal technology together with Sodra and Verdane
Norwegian state-owned energy company Equinor, Sweden’s largest forestry company Sodra and German investment firm Verdane have launched a joint initiative aimed at scaling up carbon removal technology in the Nordic region, with a focus on bioenergy with CCS (Beccs). Under the initiative, called Njord Carbon, the three companies will aim to drive forward Beccs projects capable of generating certified, waste-based CO₂ removal credits at a scale that makes them affordable. Njord Carbon is actively looking for additional partners with access to sustainable sources of waste-based, biogenic CO₂ and high-quality underground storage. It also wants to work with early movers in the carbon removals sect
Also in this section
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty






