The United States and the EU are trying to convince Saudi Arabia to join a global initiative on slashing emissions.
Exxon Mobil expects the expansion will capture up to 1 million metric tons of CO₂, in addition to the 6-7 million metric tons already captured at the LaBarge, Wyoming facility each year.
This approval allows RTE to commercially capture (dehydrate and compress) and inject the 180,000-metric-ton-per-year CO2 stream into the Broom Creek Formation on RTE property for permanent geologic CO2 storage.
Democratic Senator Joe Manchin has been an outspoken critic of the bill, saying it spends too much taxpayer money and contains climate change provisions that would hurt his state’s coal mining industry.
The initiative, which includes Amazon, IKEA, among other commercial users of container shipping, sets a goal for companies to only purchase ocean freight services powered by scalable zero-carbon fuels by 2040.
British Prime Minister Boris Johnson presented his net-zero strategy on Oct. 19 that aims to secure 440,000 jobs and unlock $124 billion of private investment by 2030.
One of the U.S. Gulf of Mexico’s largest public independent producers, Talos Energy launched an initiative earlier this year to target carbon capture and storage opportunities along the U.S. Gulf Coast.
The new solution pre-empts plant failure and helps achieve emissions compliance, improving plant uptime and process safety.