(Source: Business Wire)
Amid the global effort to mitigate climate change, Geoscience companies GLJ and Energy Fuse Group entered into a joint venture aimed at facilitating state applications for CO2 storage and enhanced oil recovery projects across the U.S., according to a Nov. 5 press release.
GLJ said the partnership aligns with the U.S.’ focus on integrating carbon sequestration activities into state legal frameworks.
“Our combined expertise ensures that we address both the technical and commercial challenges of CO2 sequestration, a rapidly evolving industry,” said Pk Pande, managing director of Energy Fuse, in a press release.
With each state crafting its own procedures around CO2 storage applications, GLJ looks to offer guidance for companies wanting to engage in carbon sequestration activities and to states looking for practices to craft their individual legislation using the latest techniques and information available, said Alan White, executive vice president and CFO at GLJ.
“By focusing on the full project lifecycle—from planning and design to implementation, regulatory compliance, and operations—we help guide the industry not only toward the projects worth pursuing but also steer them away from those that are not,” Pande said.
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