AUSTRALIA'S largest upstream oil and gas players have put carbon capture and storage (CCS) and hydrogen centre stage in their efforts to reach net zero carbon emissions by 2050. The country already is home to one of the world's largest CCS projects at Chevron's Gorgon liquefied natural gas scheme, but that development's troubled start reportedly has led to more than 7 million tonnes of additional carbon dioxide being vented into the atmosphere. Despite this, Australian independent Santos is adopting the technology to reach its goal of achieving net zero emissions from its operations by 2040. The company is set to take a final investment decision on its Moomba CCS project in South Australia later this year, subject to legislation that would allow CCS projects to generate Australian carbon credits. Santos is also exploring a path- way to blue hydrogen production, last year hiring technical professional services player GHD to carry out a blue hydrogen concept study to complement the Moomba CCS project.
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