Oil and gas industry in the United Kingdom activities for as long as they remain, and to make this data available for use by fishing vessel plotters found on board in wheelhouses all around the UK coastline. The industry's vision which guides the environmental management process is to understand and manage environmental risks to achieve demonstrable no harm levels by 2020. UK oil and gas installations participate in the European Union Emission Trading Scheme (EU ETS) which aims to reduce emissions of carbon dioxide and combat the threat of climate change. Carbon dioxide is released into the atmosphere in three ways during production operations: combustion of fuel for
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.