No one is claiming the CO2 sequestration plan makes this a "green" project, though.

FORBES: Magazine Article

Globally, the use of depleting oil and gas fields for purposes of CO2 sequestration can be very helpful to the environment.

FORBES: Adnan Shihab-Eldin

As for the timescale, fusion certainly wouldn't be available in the short-term, but the problem of providing viable energy sources is not going to get easier even if conservation, CO2 sequestration, fission and renewables are more widely used, and there are currently no other large-scale options beyond the 20-50-year timeframe.

BBC: VIEWPOINT

Research is under way at the National Energy Technology Laboratory on so-called "carbon sequestration" technology that would capture CO2 gas before it is released into the atmosphere and inject it, either deep into the ocean or into the ground.

CNN: Energy debate may soon turn on 'cleaner' coal

The concept, called carbon capture and sequestration, is discussed by policy-makers and emitters of large amounts of CO2 as a sure thing.

FORBES: Magazine Article

Another incentive for Statoil's carbon sequestration is a big tax that Norway levies on offshore oil and gas operations for emitting CO2.

NPR: Scientists Hunt for Solution to CO2 Problem