As the global energy transition journey continues to make inroads, a carbon capture and storage (CCS) project in the G-7-AP greenhouse gas (GHG) assessment block off the northwestern coast of the Northern Territory of Australia has secured the Australian government’s backing with the award of a major project status.

Acknowledging the Bonaparte CCS project’s potential to create thousands of jobs, inject billions into the local economy, and support the path to net zero, the Australian government awarded a major project status to this decarbonization endeavor.