A worker welds metal rods at the construction site for the Greensand CO2 Terminal in the Port of Esbjerg, Denmark, expected to be completed in spring 2026. In the North Sea where Denmark once drilled for oil, imported European carbon dioxide will soon be buried under the seabed in a carbon capture and storage (CCS) project nearing completion. CCS technology is one of the tools approved by the UN's Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA) to curb global warming, especially for reducing the CO2 footprint of industries like cement and steel that are difficult to decarbonise. Sourced mainly from biomass power plants, liquefied CO2 will be shipped from Europe via the Esbjerg terminal in southwestern Denmark to the Nini platform above an empty oil reservoir, into which it will be injected. (Photo by Jonathan NACKSTRAND / AFP via Getty Images)

Containers where liquified carbon dioxide will be stored in the future are pictured on November 24, 2025 at the construction site for the Greensand CO2 Terminal in the Port of Esbjerg, Denmark, expected to be completed in spring 2026. In the North Sea where Denmark once drilled for oil, imported European carbon dioxide will soon be buried under the seabed in a carbon capture and storage (CCS) project nearing completion. CCS technology is one of the tools approved by the UN's Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA) to curb global warming, especially for reducing the CO2 footprint of industries like cement and steel that are difficult to decarbonise. Sourced mainly from biomass power plants, liquefied CO2 will be shipped from Europe via the Esbjerg terminal in southwestern Denmark to the Nini platform above an empty oil reservoir, into which it will be injected. (Photo by Jonathan NACKSTRAND / AFP via Getty Images)

This photo taken on November 24, 2025 shows the construction site for the Greensand CO2 Terminal in the Port of Esbjerg, Denmark, expected to be completed in spring 2026. In the North Sea where Denmark once drilled for oil, imported European carbon dioxide will soon be buried under the seabed in a carbon capture and storage (CCS) project nearing completion. CCS technology is one of the tools approved by the UN's Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA) to curb global warming, especially for reducing the CO2 footprint of industries like cement and steel that are difficult to decarbonise. Sourced mainly from biomass power plants, liquefied CO2 will be shipped from Europe via the Esbjerg terminal in southwestern Denmark to the Nini platform above an empty oil reservoir, into which it will be injected. (Photo by Jonathan NACKSTRAND / AFP via Getty Images)

This illustration photo taken on November 23, 2025 in Los Angeles shows the Sora 2 website displayed in front of AI-generated videos on a screen. In a parallel reality, Queen Elizabeth II gushes over cheese puffs, a gun-toting Saddam Hussein struts into a wrestling ring, and Pope John Paul II attempts skateboarding. Lifelike AI reincarnations of dead celebrities are stirring online amusement -- and outrage. (Photo by Chris DELMAS / AFP via Getty Images)

In this photo taken on November 21, 2025, a view of the under-construction Rare Earth Industrial Park is seen in Anyuan county, Ganzhou, in eastern China's Jiangxi province. Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry. The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in products from smartphones to missile guidance technology. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with 'CHINA-ECONOMY-POLITICS-TRADE-MINING, REPORTAGE' by Peter Catterall

In this photo taken on November 20, 2025, a motorist rides past as the logo of the China Rare Earth Group is seen on a building at a processing plant in Dingnan County, Ganzhou, in eastern China's Jiangxi province. Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry. The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in products from smartphones to missile guidance technology. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with 'CHINA-ECONOMY-POLITICS-TRADE-MINING, REPORTAGE' by Peter Catterall

In this photo taken on November 20, 2025, the logo of the China Rare Earth Group is seen on a building at a processing plant in Dingnan County, Ganzhou, in eastern China's Jiangxi province. Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry. The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in products from smartphones to missile guidance technology. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with 'CHINA-ECONOMY-POLITICS-TRADE-MINING, REPORTAGE' by Peter Catterall

In this photo taken on November 21, 2025, a view of the under-construction Rare Earth Industrial Park is seen in Anyuan county, Ganzhou, in eastern China's Jiangxi province. Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry. The hills of Jiangxi province are home to most of China's rare earth mines, with the materials used in products from smartphones to missile guidance technology. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with 'CHINA-ECONOMY-POLITICS-TRADE-MINING, REPORTAGE' by Peter Catterall