petroleum industry

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[DIGEST: Time, CBC, Guardian, Nature, LA Times]

A Norwegian billionaire who made his fortune in the oil and gas industry plans to dedicate his money to help clean up the massive amount of plastic that is polluting global waters. Kjell Inge Roekke owns controlling shares in the Norwegian offshore fishing, construction, and engineering company Aker ASA, as well as an oil business, and has vowed to give away much of his fortune. He plans to fund a research vessel that will study ocean pollution and clean it up. The ship, which will take three years to build, will include storage for 120 tons of waste, which is will periodically bring back to land for disposal, and an onboard incinerator that will destroy of up to five tons of plastic waste a day.

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