China’s new carbon capture plant is a global minnow
Bloomberg
China has completed construction of its largest carbon capture and storage plant as the country continues to develop technologies necessary to meet its climate goals.
China Energy Investment Corp (CEIC, 國家能源投資) on Jan. 21 finished production of the plant at its Guohua Jinjie coal power station in Shaanxi Province.
It is in its debugging phase and once put into operation would be able to prevent 150,000 tonnes of carbon dioxide emissions a year at a 90 percent capture rate, the China Electricity Council has said.
That represents about 0.002 percent of China’s total emissions from burning fuel, BP PLC data showed.
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Denbury to Acquire Wyoming CO2 Enhanced Oil Recovery (EOR) Fields
Denbury Inc.December 29, 2020 GMT
PLANO, Texas, Dec. 29, 2020 (GLOBE NEWSWIRE) Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that it has entered into an agreement with a subsidiary of Devon Energy Corporation to acquire a nearly 100% working interest (approximately 83% net revenue interest) in the Big Sand Draw and Beaver Creek oil fields located in Freemont County, Wyoming for a cash purchase price of $12 million. The purchase price includes associated surface facilities and the 46-mile CO2 transportation pipeline to the acquired fields.
Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing
The company sells the CO2 to other companies that use it to revive depleted oil fields and has relentlessly fought EPA oversight of the practice.
September 27, 2020
Sprawled across the arid expanse of southwestern Wyoming is one of the world’s largest carbon capture plants, a hulking jumble of pipes, compressors and exhaust flues operated by ExxonMobil.
The oil giant has long promoted its investments in carbon capture technology a method for reducing greenhouse gas emissions as evidence that it is addressing climate change, but it rarely discusses what happens to the carbon captured at the Shute Creek Treating Facility.