US funding research into seismic impact on carbon storage
May 28, 2021 5:19:pm
Summary
by: Daniel Graeber
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US funding research into seismic impact on carbon storage
The US Energy Department said May 28 it was backing four research projects meant to examine the risk that seismic events pose to carbon storage technology.
The $4mn in funding would support research into limiting the risk of potential leaks of CO
2 from underground storage facilities during natural seismic events.
“Large scale carbon capture efforts are vital to getting America emissions-free by 2050, and how we store this CO
2 must be safe, secure and permanent,” energy secretary Jennifer Granholm said. “The R&D investments in new tools and technology to monitor underground activity near CO
ExxonMobil’s CCS push [NGW Magazine]
Feb 22, 2021 7:15:am
Summary ExxonMobil has launched a new low-carbon business that will initially focus on carbon capture and storage – an industry that is gaining momentum but has hurdles to overcome. [NGW Magazine Volume 6, Issue 4]
by: Anna Kachkova
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ExxonMobil’s CCS push [NGW Magazine]
Oil and gas giant ExxonMobil has taken a step forward with regard to the energy transition, announcing on February 1 that it was launching a new low-carbon business. The business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage (CCS).
The news marks a shift in the US generally where companies have been slower to adapt their businesses to the new pressures. Indeed, French major Total quit the American Petroleum Institute owing to the rift in policy objectives.
wholesale price of electricity. those costs are expected to go down as ccs technology becomes more accessible and as the carbon dioxide captured and stored is sold by the plant. but the outlays are formidable and they could lead to americans being dependent on a less diverse and less robust energy supply under the environmental protection agency s mats rule, which takes effect in april 2015, all coal plants will be required to make reductions. for over 20 years, special interest groups have successfully delayed implementing these standards when it came to our nation s power plants. and what we said was enough. in december, the u.s. energy information administration or eia published this projection of how many gig awhats of coal
pushing now when he s trying for one goal, which is to save a democratic senate majority, to try to galvanize groups on the left to turn out in the midterm elections by using executive actions which actually convinced voters who are unhappy with the direction of the country, even those in his own party, why vote for my member of congress if he can do everything from the white house with a phone and pen. all these decisions, new regs, will it lead both to a narrative from the republicans that he is an imperial president and doing extra constitutional things without the congress and he s not allowed to, or will it be outweighed by the defendant of democrats turning out at the polls? i think it s risky. one of the proposed environmental regulations is one that would require all new coal-burning power plants built in the u.s. to be outfitted with what is called carbon capture and storage, ccs technology. a recent hearing, the cost of