Summit Carbon Solutions still needs approval from four other states for its CO2 transport pipeline.
Heirloom Carbon Technologies expects the facilities, located at the Port of Caddo-Bossier in northwest Louisiana, to remove about 17,000 tons of CO2 from the atmosphere starting in 2026.
Exxon Mobil and Air Liquide’s hydrogen and ammonia project is expected to transport low-carbon hydrogen from Exxon’s Baytown, Texas, facility through Air Liquide’s pipeline network.
Data showed global energy consumption increased 2% to a record 620 exajoules (EJ), driven by increases in coal and oil use.
Summit Carbon Solutions still needs approval from four other states for its CO2 transport pipeline.
Heirloom Carbon Technologies expects the facilities, located at the Port of Caddo-Bossier in northwest Louisiana, to remove about 17,000 tons of CO2 from the atmosphere starting in 2026.
Exxon Mobil and Air Liquide’s hydrogen and ammonia project is expected to transport low-carbon hydrogen from Exxon’s Baytown, Texas, facility through Air Liquide’s pipeline network.
Data showed global energy consumption increased 2% to a record 620 exajoules (EJ), driven by increases in coal and oil use.
States and the EU have introduced nascent carbon pricing schemes with taxes, tax benefits and offsets. It isn’t unreasonable to assume that carbon pricing will become increasingly tangible.
Under the right conditions, depleted oil reservoirs can be transformed into hydrogen producers, or subsurface biorefineries, Gold H2 CEO says.