The first commercial scale sequestration plant in the USA (a Basin Electric coal-fired plant in North Dakota) has been approved a loan of $300 miliion for plant modification. The capture carbon dioxide will be stored in oil-bearing formations. When completed, it is expected to sequester about 3000 tonnes of carbon dioxide each day, which is comparable to the Statoil operation at Sleipner in Norway. The press release is available online.

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