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[Chart and Ionada to cooperate on carbon capture projects] Chart and Ionada to cooperate on carbon capture projects The IMO aims to reduce carbon intensity in international shipping by 40% by 2030. US-based Chart Industries and Canada-based Ionada have signed a memorandum of understanding (MOU) to work together on Carbon Capture and Sequestration (CCUS) projects. This collaboration is expected to combine Chart's expertise in COâ‚‚ storage and handling systems with Ionada's carbon capture technology. Under the non-exclusive cooperation agreement, the organisations will develop and also deploy technology to cut down the carbon footprint of the shipping sector. The carbon collected…
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