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BNEF: global carbon capture capacity due to rise sixfold by 2030

Green Car Congress

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. In 2021, some 73% of captured CO 2 went to enhanced oil recovery operations. of global emissions.

Carbon 293
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U-Haul buys another million gallons of renewable propane to sell at California stores

Green Car Congress

U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. to continue supplying the fuel at more than 60 propane-dispensing stores in the state. Earlier post.) gCO 2 /MJ to 43.50

Store 243
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Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

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Strategic Biofuels announced that its Carbon Capture and Sequestration (CCS) Test Well Program was successfully completed at the company’s Louisiana Green Fuels Project (LGF) in Caldwell Parish, Louisiana. Deep carbon negativity greatly increases the potential carbon credit revenues from our fuel and vastly improves the project’s returns.

Renewable 353
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ExxonMobil planning hydrogen production, carbon capture and storage at Baytown complex; 1B cfd of blue hydrogen

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ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry.

Hydrogen 281
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ADNOC sends first low-carbon ammonia shipment from the UAE to Germany

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Abu Dhabi National Oil Company’s (ADNOC’s) first shipment of low-carbon ammonia recently left the United Arab Emirates (UAE) bound for Hamburg, Germany. This is the first cargo of low-carbon ammonia to be shipped to Germany. The cargo follows a number of similar low-carbon ammonia sales that have been made to customers in Asia.

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Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

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Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

Carbon 221
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Oleophobic hydrophobic magnetic sponge selectively soaks up oil, sparing water and wildlife

Green Car Congress

A Northwestern Engineering-led team has developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to clean up oil spills inexpensively and efficiently without harming marine life.

Water 243