Masdar has signed an agreement with Abu Dhabi Ports Company (ADPC) to explore carbon dioxide capture and greenhouse gas reduction initiatives at Khalifa Port and Industrial Zone (KPIZ) in Taweelah, UAE.
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 monetization 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 kilometers of industrial, logistics, commercial, educational as well as residential, special economic and free zone. "Our aim is to become the world's first green industrial zone with integrated carbon capture facilities to reduce carbon dioxide emissions. This will facilitate the development of heavy industry in the zone with limited environmental impact," said Mr Ali Al Badi, CEO of Abu Dhabi Ports Company (ADPC). Strategically located between the cities of Abu Dhabi and Dubai in Taweelah, Khalifa Port and Industrial Zone (KPIZ) is a multi-billion dollar project designed as a multi-purpose facility that involves the construction of a world-scale container and industrial port in addition to the development in phase 1 of over 100 square kilometers of industrial, logistics, commercial, educational, as well as residential special economic and free zones.
Read More
No comments:
Post a Comment