Leveraging Enhanced Oil Recovery for Large-Scale Saline Storage of CO₂
Leveraging the demand for CO₂ from the Enhanced Oil Recovery (EOR) industry is a critical step to building out a robust ecosystem for large-scale CO₂ storage in saline sites. Frequently asked questions below provide perspective on the role that EOR plays in enabling carbon capture & storage (CCS) technologies to achieve the scale necessary for
Petra Nova is the Latest Success for Carbon Capture
Carbon capture at the WA Parish Plant in Texas has begun, marking a turning point for the electric sector. Constructed on schedule and on budget, the project is poised to become the world’s largest power sector capture unit, removing 1.6 million tons per year of CO2. To keep global temperature rise below 2 degrees Celsius, […]
Cleaning up Power Plants by Recovering Oil: The Game-Changing Climate Strategy
Even with the Clean Power Plan fully implemented, coal-fired generation is predicted to make up 22 percent of the U.S. power generation mix and natural gas will be 33 percent in 2030. Because fossil fuel-fired power plants are by far the largest emitters of carbon dioxide (CO2), which is causing dangerous climate change, some control […]
Bipartisan Support for Advanced Energy Legislation? Yes, for CCS Incentives!
Question: What policy can significantly reduce CO2 emissions from fossil fuel consumption and at the same time, increase domestic oil production while reducing our oil imports? And, amazingly enough, is supported by environmental groups, the fossil fuel industry, labor, Republicans and Democrats in Congress, and the Administration? Answer: Federal tax incentives to reduce CO2 emissions […]