Northern Lights Project- The JV between Shell, Equinor, and TotalEnergies for the carbon capture and storage (CCS) facility in Øygarden, Norway is now ready to receive CO2 from industries in Norway and Europe. This was a moment of celebration for the Norway Government with Northern Lights becoming the first to offer commercial CO2 transport and storage services in the region.
Terje Aasland, Norwegian Minister of Energy.
“Today’s ceremony marks a significant milestone—one that fills us with great pride and hope for the future. This is a proud moment not just for Northern Lights as a company, but for Norway and for the advancement of Carbon Capture and Storage (CCS) worldwide”.
Northern Lights JV Powers Norway’s Full-Scale CCS Project
The Northern Lights project plays a pivotal role in Norway’s ambitious Longship initiative, a full-scale CCS project that was rolled out in 2020. It focuses on capturing CO2 from industrial sources and storing it permanently under the seabed in the North Sea.
Tim Heijn, Managing Director of Northern Lights JV.
“Today we achieved an important milestone on our journey to demonstrate CCS as a viable option to help achieve climate goals. The whole world is looking to Norway to learn about CCS. Since construction started, we have welcomed more than 10,000 visitors from more than 50 countries. Today we celebrated the completion of the facilities together with the people of our host municipality Øygarden, the Norwegian Ministry of Energy, and key stakeholders, including policymakers and industry partners in the CCS chain. All are instrumental for the success of Northern Lights and the CCS business in Europe”.
Source: TotalEnergies
CO2 Journey: From Capture to Storage
Grete Tveit, Senior Vice President of Low Carbon Solutions at Equinor remarked,
“This is an exciting day for Equinor, Northern Lights Joint Venture, and our partners Shell and TotalEnergies. We are proud that Northern Lights, as part of the Longship value chain, has now been completed and is ready to receive CO2. It is an important milestone in the work of establishing a Carbon Capture and Storage value-chain in Europe.”
The process begins with CO2 capture from various industrial sites, including the Brevik cement plant owned by Heidelberg Materials in southern Norway. Here’s how Northern Lights manages the entire transport and storage journey:
- CO2 is captured and liquefied at the industrial facilities.
- It’s shipped to the Øygarden terminal, which features 12 large metal tanks for temporary storage.
- The terminal temporarily holds 7,500 cubic meters of liquefied CO2, delivered by custom-built ships.
- From there, CO2 travels through a 110-kilometer pipeline to a permanent storage site.
The offshore storage location, 2,600 meters below the seabed, ensures long-term CO2 containment in a rock formation.
The storage capacity can handle large volumes of CO2, with Phase 1 capable of injecting 1.5 MMTs annually, amounting to a total of 37.5 MMTs over 25 years. In Phase 2, the project plans to increase its capacity by an additional 3.5 MMTs per year, significantly boosting its ability to store CO2 from industrial sources.

Source: Equinor
Project Collaboration and Investment
As Northern Lights pioneers commercial CO2 transport and storage, it’s playing a key role in Norway’s strategy to reduce emissions and lead global efforts in decarbonization.
Partners Share: TotalEnergies (33.3%), Equinor (33.3%), Shell (33.3%)
Carbon Emissions in Norway

Meanwhile, Equinor continues to expand its CCS projects, exploring new opportunities across the Snøhvit and Sleipner fields on the Norwegian Continental Shelf. Additionally, it is developing new onshore and offshore CCS projects in Northwest Europe, the UK, and the US. These advancements depend on ongoing collaboration between governments, industry, customers, and regulators to implement large-scale carbon capture and storage solutions effectively.
Shell Takes a New Step in Norway
Shell is already well-established in Norway. However, the Northern Lights Project is another feather in their cap. Marianne Olsnes, Shell’s CEO in Norway, views it as a blueprint for a new business model aimed at reducing greenhouse gas emissions. She believes it represents a crucial first step toward a significant industrial opportunity for Norway.
She further added,
“This has been a long journey, with partners Shell, TotalEnergies and Equinor working together to deliver as planned despite the pandemic, supply chain challenges and a strained global economy. The Norwegian authorities have also taken an important role in the realization of this ground-breaking project. I believe that we are helping to create something that can have a major impact on how Europe can meet the Paris goals.”
Anna Mascolo, Executive Vice President of Shell Low Carbon Solutions, praised the joint venture, expressing her satisfaction that the Northern Lights facilities are now prepared to receive CO2 from industrial sites throughout Europe. She emphasized that this development is a vital component of Shell’s integrated offerings for its customers.
TotalEnergies Offers Cutting-Edge Tech Support
Let’s look at what Arnaud Le Foll, Senior Vice-President New Business – Carbon Neutrality at TotalEnergies speaks on the JV.
“We are proud to celebrate today the commissioning of the Northern Lights facilities. It has been a long journey since our partnership with the Norwegian State, Equinor and Shell was established in 2017. This major milestone signals the readiness of the infrastructure to store CO2 and we look forward to receiving the first volumes from hard-to-abate emitters in 2025. This will bring a strong contribution to the decarbonization of European industry.”
TotalEnergies focuses on cutting emissions by applying the best technologies across its operations. The company develops CCS projects to manage excess carbon dioxide. It is competent in project management, gas processing, and geosciences. With the Northern Lights Project in Norway, Aramis in the Netherlands, and Bifrost in Denmark it is actively helping decarbonize Europe.
- FURTHER READING: SLB to Acquire 80% of Aker Carbon Capture: A Massive Boost for CCUS
The post The “Northern Lights” Shines: Shell, Equinor, and TotalEnergies JV Powers the Norway CCS Project appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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