Storyline China's key CO2 capture, storage facility advances In south China's Hainan Free Trade Port, a CO2 capture and liquefication facility has become a success story for the country's push toward green and low-carbon development. Run by the Southern Petroleum Exploration and Development Corporation -- subsidiary of the China National Petroleum Corporation, the facility captures, purifies and liquefies CO2 extracted from associated oilfield gas. The facility's current daily output of liquid CO2 surpasses 100 metric tons. Wang Haisheng, executive director, Southern Petroleum Exploration and Development Corporation, China National Petroleum Corporation (CNPC)： "To date, our pilot project has cumulatively stored 360,000 tons of CO2 while boosting oil and gas output by 150,000 tons. This is equivalent to offsetting the annual carbon emissions of about 150,000 cars." The process of carbon capture utilization and storage, or CCUS, is central to China's dual carbon goals of peaking carbon dioxide emissions by the year 2030 and achieving CO2 neutrality by 2060. [Restrictions: No access Chinese mainland]