Environmental impact of the energy industry to virtually all aspects of present society, especially for transportation and heating for both homes and for commercial activities. Natural gas is often described as the cleanest fossil fuel, producing less carbon dioxide per joule delivered than either coal or oil., and far fewer pollutants than other fossil fuels. However, in absolute terms it does contribute substantially to global carbon emissions, and this contribution is projected to grow. According to the IPCC Fourth Assessment Report, in 2004 natural gas produced about 5,300 Mt/yr of CO emissions, while coal and oil produced 10,600 and 10,200 respectively (Figure 4.4); but by 2030,
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.