Welcome to the 35th issue of The Carbon Corner, your go-to source for all things related to carbon capture and sequestration!

In this edition, we're excited to delve into the latest funding announcements surrounding innovative carbon capture projects that are paving the way towards a more sustainable future.

We hope you enjoy reading!

Lafarge Canada Takes a Sustainable Leap: Utilizing Captured Carbon to Produce Wax

Lafarge Canada, a leading construction materials company, has recently made a groundbreaking commitment to sustainability by utilizing captured carbon in a novel way. The company has embarked on a pioneering venture to produce wax using the captured carbon, further reducing their environmental footprint.

Traditionally, carbon capture technologies have been used to mitigate greenhouse gas emissions from industrial processes. However, Lafarge Canada is taking it a step further by harnessing this captured carbon and transforming it into a valuable resource. By repurposing the carbon, the company aims to reduce their dependence on non-renewable resources and contribute to a circular economy.

The decision to produce wax from captured carbon aligns perfectly with Lafarge Canada's sustainability goals. Wax is a versatile substance with numerous applications, including coatings, adhesives, and polishes. By utilizing captured carbon, the company can produce a greener alternative to traditional wax, reducing emissions and reliance on fossil fuel-based products.

Federal Funding Boosts Houston's Carbon Capture Infrastructure Expansion Efforts

Four Houston-based companies have been granted federal funding to bolster their efforts in expanding carbon capture infrastructure, marking a significant milestone in the city's commitment to combatting climate change. This investment aims to accelerate the development and deployment of carbon capture technologies, playing a pivotal role in reducing greenhouse gas emissions. Below is a detailed summary of each company's funding:

• "bp America, Inc. received $33.4 million to focus on the characterization and permitting of two commercial-scale storage sites along the Texas Gulf Coast with the capacity to ultimately store up to 15 million metric tons of CO2 per year.
• Bluebonnet Sequestration Hub, LLC received $16.4 million for plans to complete the site characterization, permitting, and environmental approvals for the Bluebonnet Sequestration Hub along the Texas Gulf Coast, with the potential for more than 350 million metric tons of total CO2 storage capacity.
• Magnolia Sequestration Hub, LLC received $21.5 million for their project that aims to complete the site characterization, permitting, and environmental approvals for the Magnolia Sequestration Hub in Allen Parish, La., with an estimated 300 million metric tons of total CO2 storage capacity.
• Timberlands Sequestration, LLC received $23.8 million for plans to complete site characterization efforts to develop a biomass carbon removal and storage project for the Alabama River Cellulose pulp and paper mill located in Monroe County, Al."

The awarded companies, known for their expertise in energy and engineering, will utilize the funding to enhance existing carbon capture projects and explore innovative solutions. With Houston being a hub for the energy industry, this initiative reinforces the region's position as a leader in sustainable technologies.

This federal funding not only strengthens Houston's carbon capture capabilities but also supports job creation and economic growth in the region. It highlights the potential for aligning environmental stewardship with economic prosperity, emphasizing that sustainability and business can go hand in hand.

Milestone Achievement: Oil and Gas Firm Secures Offers in UK's First-Ever CO2 Storage Licensing Round

In a groundbreaking development, an oil and gas company has secured offers in the United Kingdom's inaugural CO2 storage licensing round, marking a significant step forward in the nation's carbon capture and storage (CCS) efforts. This milestone achievement highlights the country's commitment to transitioning to a low-carbon future and accelerating the decarbonization of its energy sector.

The successful bids from the oil and gas firm demonstrate the industry's active engagement in CCS technologies and its willingness to adapt and evolve in response to the global climate crisis. By utilizing depleted oil and gas reservoirs for carbon storage, the company can repurpose existing infrastructure while reducing carbon dioxide emissions.

The UK's CO2 storage licensing round lays the foundation for the development of a robust CCS industry, which is essential for achieving the country's net-zero emissions targets. Carbon capture and storage play a critical role in mitigating emissions from industrial processes, ensuring a sustainable and greener energy transition.

As the world seeks innovative solutions to combat climate change, securing offers in the UK's first-ever CO2 storage licensing round represents a crucial milestone in the journey toward a more sustainable future. It demonstrates the collaborative efforts between industry and policymakers, paving the way for a cleaner, greener, and more environmentally conscious energy landscape.

Chart Industries and FuelCell Energy Join Forces in Pursuit of Decarbonization

Chart Industries, a leading global manufacturer of equipment for the energy industry, and FuelCell Energy, a renowned provider of clean energy solutions, have signed a Memorandum of Understanding (MOU) with a shared focus on decarbonization. This strategic collaboration aims to accelerate the development and deployment of innovative technologies that will drive the transition to a low-carbon future.

By combining their expertise in cryogenic storage and hydrogen fuel cell solutions, Chart Industries and FuelCell Energy seek to unlock new pathways for decarbonization across various sectors. The MOU signifies a commitment to exploring synergies and developing integrated solutions that harness the potential of hydrogen as a clean energy source.

The collaboration between Chart Industries and FuelCell Energy holds the potential to revolutionize industries and reduce greenhouse gas emissions.

With both companies having a strong track record in their respective fields, their joint efforts in advancing hydrogen-based solutions will pave the way for a sustainable energy transition. By working together, they can leverage their collective strengths to accelerate the adoption of decarbonization technologies and drive positive change on a global scale.

Colorado Carbon Storage Project Secures $32.6 Million in Funding to Accelerate Climate Action

A carbon storage project in Colorado has received a substantial boost with $32.6 million in funding, signaling a significant step forward in the state's efforts to combat climate change. The project aims to capture and store carbon dioxide emissions from industrial sources, effectively reducing greenhouse gas emissions and contributing to a cleaner, more sustainable future.

The funding injection will enable the project to scale up its operations and accelerate the deployment of carbon capture and storage technologies. By capturing carbon dioxide from industrial processes and storing it underground, the project plays a crucial role in mitigating climate change and advancing Colorado's climate action goals.

The Colorado project serves as a model for other regions grappling with similar environmental challenges, showcasing the potential for carbon capture and storage initiatives to create sustainable, long-term solutions. By securing substantial funding, the project can continue to make significant strides in reducing carbon emissions and pave the way for a greener and more resilient future.

Schaper Energy Consulting is a professional engineering firm offering carbon strategy services to CCS site developers. Check out some examples of our projects here: https://schaperintl.com/carbon-strategies/

If you have questions or comments, please contact us at info@schaperintl.com.

We hope you enjoyed reading this week and hope to see you back next week for more!

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