Carbon Storage Project Pipeline in Good Shape

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The infrastructure bill passed late last year included provisions for carbon capture, utilization, and storage (CCUS). This sets the stage for an increasing number of CCUS projects—which hit 100 in 2021. 

A big player in this climate-change-fighting technology is offshore carbon storage, where CO2 is tucked away, deep in the depths under the ocean where it will stay for…ever? 

There aren’t any offshore CO2 storage projects live yet, but the project pipeline (a built-in pun) is flowing nicely. (h/t ClearPath)

A partnership of about a dozen companies, collectively known as Houston Carbon Capture, is advancing plans in the Houston industrial area for capturing and storing 50 million tons of CO2 per year by 2030 and 100 million per year by 2040.

Talos Energy and Carbonvert were awarded a carbon storage project site off the coast of Texas.

Talos Energy and Storegga formed a joint venture last year to evaluate and develop projects on the Gulf Coast and Gulf of Mexico.

The Pacific Institute for Climate Solutions is conducting a feasibility study of the Solid Carbon project, which would extract CO2 directly from the air or ocean and then inject it into subsea basalt for mineralization.

It looks like there’s a great game of CO2 hide-and-go-seek in our future.