Natural gas would be the source of 11 billion tons a year, with coal and oil now 8.4 and 17.2 billion respectively because demand is increasing 1.9% a year. To reduce its greenhouse emissions, the government of the Netherlands is subsidizing a transition away from natural gas for all homes in the country by 2050. In Amsterdam, no new residential gas accounts are allowed as of July 1, 2018, and all homes in the city are expected to be converted by 2040. Natural gas produces far lower amounts of sulfur dioxide and nitrous oxides than other fossil fuels. The pollutants due to
Carbon capture and storage (timeline) Sleipner field produces natural gas and light oil from the Heimdal sandstones, which are about 2,500 m below sea level. The natural gas produced at Sleipner contains unusually high levels (about 9%) of carbon dioxide, but the customers require less than 2.5%. To encourage companies to cut their carbon emissions, the Norwegian government imposes a carbon tax equivalent to about $50 per ton of CO released into the atmosphere. To avoid paying the tax, and as a test of alternative technology, all of the CO extracted since 1996, when gas production started at Sleipner, has been pumped back deep underground.