Correct option is (d) 1, 2 and 3
Carbon sequestration may be carried out by pumping carbon into carbon sinks of two types:
A. Natural sinks- ocean, forest, soil etc.
B. Artificial sink-depleted oil reserve, unminable mines.
So statement 1 and 2 are correct.
And deep Saline Formations infact have highest capacity for this. So accordingly, answer is "D"