Jun 12 2008 |
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Masdar and ADPC to explore carbon dioxide capture
ABU DHABI -- Abu Dhabi's renewable energy initiative Masdar has signed an agreement with Abu Dhabi Ports Company (ADPC) , which is involved in the developement of ports, industrial zones, to explore carbon dioxide capture and greenhouse gas reduction initiatives at Khalifa Port and Industrial Zone (KPIZ) in Taweelah.The agreement with ADPC paves the way for the introduction of a scheme for carbon dioxide capture from industrial facilities as well as the development of carbon emission reduction and monetisation opportunities under the Kyoto Protocol's Clean Development Mechanism (CDM).
When completed Phase 1 of KPIZ will comprise of a world-class container and industrial port and more than 100 square kilometres of industrial, logistics, commercial, educational as well as residential, special economic and free zone.
By Haseeb Haider
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