Boosting carbon peak goals

Green effort: China’s first offshore million-ton carbon storage project put into operation in South China Sea. It is designed to capture and store more than 1.5 million tonnes of carbon dioxide, which is equivalent to planting nearly 14 million trees, according to the China National Offshore Oil Corporation. — Xinhua

BEIJING: The operation of China’s first offshore carbon capture and storage demonstration project will further facilitate China’s carbon peak and neutrality goals, as oil companies step up research and investment to help them become sustainable in the long run, industry experts said.

The demonstration project began operations on Thursday in the eastern waters of the South China Sea.