New law helps U.S. firm launch Wyoming direct air carbon capture project

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Andrew Lockley

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Sep 8, 2022, 7:03:46 PM9/8/22
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https://www.reuters.com/markets/carbon/exclusive-new-law-helps-us-firm-launch-wyoming-direct-air-carbon-capture-project-2022-09-08/

WASHINGTON, Sept 8 (Reuters) - A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.

CarbonCapture, founded by technology entrepreneur Bill Gross, announced the start of Project Bison in Wyoming with Frontier Carbon Solutions, marking a milestone as government and private investment pours into the nascent DAC climate technology.

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The company described it as the first major scalable deployment of DAC technology and the first to inject and permanently store CO2 underground in federally approved wells.

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The passage in August of new law by Congress accelerated the launch of Project Bison by a couple months, giving CarbonCapture and the DAC industry the financial support and long-term certainty needed to scale up the technology, CarbonCapture CEO Adrian Corless told Reuters 

Bruce Melton -- Austin, Texas

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Sep 9, 2022, 1:33:41 PM9/9/22
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Here we go!  Thanks for the link Andrew ~ ~ ~

Here is the tech, or more accurately, the tech platform -

CarbonCapture, Inc… "A generalized DAC platform for solid sorbents that allows for incremental upgrades, minimizes obsolescence, and speeds up development cycles." Sorbents include amines, MOFs (metal-organic framework), zeolites and more.
https://www.carboncapture.com/

Next Step - Simultaneous with the rapidly advancing industrialization that is now ongoing: A restoration target!

If anyone needs a long list of ongoing DAC industrialization (that is nowhere near all inclusive), I have copied in my section on DAC from my archives below.

Whoop!

Bruce

Ongoing Industrialization of Direct Air Capture and Sequestration of CO2 ...

Industry seems to think there is money here, lots of it. Industrialization is moving forward fast indicating that these processes are revenue generating programs.

Project Bison, Wyoming, 5 million tons per year by 2030, a Direct Air Capture (DAC) project of Frontier Carbon Solutions and CarbonCapture, Inc. … "A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives." Stripe, Alphabet, Shopify, Meta, McKinsey
CarbonCapture Inc. Announces Five Megaton Direct Air Capture and Storage Project in Wyoming…
https://www.businesswire.com/news/home/20220908005446/en/CarbonCapture-Inc.-Announces-Five-Megaton-Direct-Air-Capture-and-Storage-Project-in-Wyoming
CarbonCapture, Inc… "A generalized DAC platform for solid sorbents that allows for incremental upgrades, minimizes obsolescence, and speeds up development cycles." Sorbents include amines, MOFs (metal-organic framework), zeolites and more.
https://www.carboncapture.com/
EXCLUSIVE New law helps U.S. firm launch Wyoming direct air carbon capture project…
https://www.reuters.com/markets/carbon/exclusive-new-law-helps-us-firm-launch-wyoming-direct-air-carbon-capture-project-2022-09-08/

"The project is expected to be operational by late 2023, at which point it would be the first atmospheric carbon removal facility to use Class VI wells for permanent storage as well as the first massively scalable DAC project in the United States."
https://www.biofuelsdigest.com/bdigest/2022/09/08/carboncapture-teams-with-frontier-carbon-solutions-for-wyoming-project/

CarbonClean…
CycloneCC – worlds smallest carbon capture tech…
https://www.carbonclean.com/industrial-carbon-capture-technology?hsCtaTracking=4d330ef7-b427-4507-ba9c-5ce011059864%7C2a75a2d9-05f6-49ca-bd6f-a63edf949004
Ebook…
https://www.carbonclean.com/industrial-carbon-capture-technology?hsCtaTracking=4d330ef7-b427-4507-ba9c-5ce011059864%7C2a75a2d9-05f6-49ca-bd6f-a63edf949004

Carbon Xprize … 1133 teams
https://illuminem.com/energyvoices/b02e09de-a3ad-41dd-8811-0bf7c7cc36cb

Occidental, OnePointFive, August 25, 2022 – Construction update, PH1 500,000 tons/yr
https://carbonengineering.com/news-updates/construction-direct-air-capture-texas/

06/07/22 Occidental 1PointeFive…
An oil-company spinoff wants to help build 70 direct air capture plants by 2035
https://www.fastcompany.com/90758711/an-oil-company-spinoff-wants-to-help-build-70-direct-air-capture-plants-by-2035?partner=rss&utm_campaign=rss+fastcompany&utm_content=rss&utm_medium=feed&utm_source=rss

DAC1, IEA on Carbon Engineering , Oxy and The Permian facility… "In Q1 2021, OLCV awarded the Front End Engineering and Design (FEED) phase to global professional services provider Worley. The FEED phase of DAC 1 is focused on a first capture train with a planned capture capacity of 0.5 MtCO2/year; the total capacity of the project will subsequently increase to 1.0 MtCO2/year. The project is supported by a multi-million dollar investment from United Airlines, and, upon approvals, two key policies: California’s Low Carbon Fuel Standard and the United States’ 45Q tax credit."
https://www.iea.org/reports/ccus-around-the-world/dac-1

1PointFive...
https://www.1pointfive.com/

March 23, 2022 - Occidental and Carbon Engineering in the Permian…  good new numbers and 70 Air capture hubs, three operational by 2025.
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/occidental-to-spend-5-of-2022-capital-on-permian-carbon-removal-plant-69498606

Occidental Chemicals and Carbon Engineering - https://www.technologyreview.com/s/613579/why-the-worlds-biggest-cosub2-sub-sucking-plant-would-be-used-to-err-dig-up-more-oil/
https://digital.olivesoftware.com/olive/ODN/HoustonChronicle/shared/ShowArticle.aspx?doc=HHC%2F2020%2F12%2F03&entity=Ar01500&sk=EFF8B3CA&mode=text#=undefined
HOUSTON, Feb. 22, 2021 /PRNewswire/ -- 1PointFive announced today its selection of Worley for the Front End Engineering and Design (FEED) phase of its first direct air capture (DAC) facility in the U.S. Permian Basin—DAC 1.
https://www.prnewswire.com/in/news-releases/1pointfive-selects-worley-for-feed-on-milestone-direct-air-capture-facility-837514192.html

Carbon Engineering Funders – Occidental Chemicals, Bill Gates, Murray Edwards, BHP, Chevron Technology Ventures, Oxy Low Carbon Ventures, LLC, Bethel Lands Corporation Ltd, Carbon Order, First Round Capital, Lowercase Capital, Rusheen Capital Management, LLC, Starlight Ventures, Thomvest Asset Management and others.
https://www.globenewswire.com/en/news-release/2019/03/21/1758562/0/en/Carbon-Engineering-concludes-USD-68-million-private-investment-round-and-proceeds-with-commercialization-of-carbon-dioxide-removal-technology.html#:~:text=CE's%20investors%20now%20include%3A%20Bill,an%20affiliate%20of%20Peter%20J.

Carbon Engineering and Storegga, (June 23, 2021) 500,000 to 1,000,000 tons in Scotland…
https://carbonengineering.com/news-updates/uks-first-large-scale-dac-facility/

Exxon Mobile and Global Thermostat – "Expanded their joint development agreement following 12 months of technical evaluation… Global Thermostat's 'breakthrough technology' using amines… ExxonMobil has more than 30 years of experience in CCS technology and was the first company to capture more than 120 million tonnes of CO2… $3 billion to advance plans for over 20 new CCS opportunities: U.S. Gulf Coast, Wyoming, Netherlands, Belgium, Scotland, Singapore, Qatar ."
Press Release -
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2020/0921_ExxonMobil-expands-agreement-with-Global-Thermostat-re-direct-air-capture-technology
Popular press, Technology Review - https://www.technologyreview.com/f/613901/another-major-oil-company-tiptoes-into-the-carbon-removal-space/

University of Arizona (Klaus Lackner) and Silicon Kingdom Holdings (SKH) -https://www.reuters.com/article/us-usa-climatechange-carboncapture/do-mechanical-trees-offer-the-cure-for-climate-change-idUSKCN1S52CG

Blue Planet and Mitsubishi
September 23, 2020 - Mitsubishi is working to develop technology for locking CO2 in concrete as part of a separate project with Japanese construction group Kajima and Hiroshima-based utility Chugoku Electric Power
 
https://asia.nikkei.com/Spotlight/Environment/US-startup-s-carbon-capture-concrete-wins-Mitsubishi-s-backing

Blue Planet and Chevron
Houston, Texas, January 14, 2021 — Chevron Corporation (NYSE: CVX) today announced a Series C investment in San Jose-based Blue Planet Systems Corporation (“Blue Planet”), a startup that manufactures and develops carbonate aggregates and carbon capture technology intended to reduce the carbon intensity of industrial operations.
https://www.chevron.com/stories/chevron-invests-in-carbon-capture-and-utilization-startup

ExxonMobil, February 1, 2021… $3 Billion, mostly on 20 direct air capture projects. "ExxonMobil has more than 30 years of experience in CCS technology and was the first company to capture more than 120 million tonnes of CO2, which is equivalent to the emissions of more than 25 million cars for one year. The company has an equity share in about one-fifth of global CO2 capture capacity and has captured approximately 40 percent of all the captured anthropogenic CO2 in the world."
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2021/0201_ExxonMobil-Low-Carbon-Solutions-to-commercialize-emission-reduction-technology

Exxon Labarge, Wyoming,  expands to 8 million tons per year, May 5, 2022…
ExxonMobil to Expand Carbon Capture and Storage at LaBarge, Wyoming, Facility
https://www.yahoo.com/now/exxonmobil-expand-carbon-capture-storage-135000912.html

Exxon Labarge EPA Verification Plan, 2018…
https://www.epa.gov/sites/default/files/2018-06/documents/shutecreekmrvplan.pdf

Climeworks... $76 million 2020, Microsoft and Shopify
https://i3connect.com/company/climeworks
Climeworks Begins Operations at Carbfix, Reykjavik, Iceland
https://techcrunch.com/2021/12/03/co2-capture-iceland-climeworks-orca/

Petra Nova – next process and Covid Shutdown…
https://www.prnewswire.com/news-releases/lessons-learned-from-the-closure-of-petra-nova-idtechex-reports-301252906.html

Parish Fire, Petra Nova and possible shutdown of Parish…
https://environmenttexas.org/news/txe/statement-ft-bend-county%E2%80%99s-wa-parish-coal-plant-catches-fire

 

CHINA

Chinas largest O&G producer CNOOC is building 300,000 ton CO2 per year air capture facility in the South China Sea; undersea saline aquifer sequestration…
https://www.reuters.com/business/sustainable-business/chinas-cnooc-launches-first-offshore-carbon-capture-project-2021-08-30/

Eight large-scale carbon capture and utilization projects are scheduled by 2025 in China…
https://www.scmp.com/business/china-business/article/3137245/climate-change-chinas-plans-double-carbon-capture-capacity

 

Gulf Coast Carbon CO2 Capture, Sequestration and Utilization Hub Carbon Hub, Carbon Capture Hub

July 28, 2022, The Big Business of Burying Carbon, Wired… A good article on what's really happening with carbon hubs in Port Arthur and Louisiana
https://www.wired.com/story/big-business-burying-carbon-dioxide-capture-storage/

May 19, 2022, DOE Announces Bipartisan Infrastructure Law Effort to Establish Regional Direct Air Capture Hubs for Large-Scale CO2 Removal… $3.5 billion NOI to fund – " Bipartisan Infrastructure Law’s $3.5 billion program to capture and store carbon dioxide (CO2) pollution directly from the air. The Regional Direct Air Capture Hubs program will support four large-scale, regional direct air capture hubs that each comprise a network of carbon dioxide removal (CDR) projects to help address the impacts of climate change, creating good-paying jobs and prioritizing community engagement and environmental justice."
https://www.energy.gov/articles/biden-administration-launches-35-billion-program-capture-carbon-pollution-air-0

May 20, 2022, Federal Carbon Dioxide Removal Leadership Act (Whitehouse and Coons)… accelerating U.S. global leadership in carbon dioxide removal technologies
https://www.whitehouse.senate.gov/news/release/whitehouse-coons-introduce-legislation-to-accelerate-carbon-dioxide-removal-

H.R.7434 – Federal Carbon Dioxide Removal Leadership Act… Starting at $500 ton, reducing thereafter
https://www.congress.gov/bill/117th-congress/house-bill/7434

One Pager Scale Act…  https://www.coons.senate.gov/imo/media/doc/One%20Pager%20-%20SCALE%20Act%20-%20117.pdf

May 5, 2022, Chevron joins first-of-its-kind Gulf Coast carbon sequestration project…
https://grist.org/energy/chevron-joins-first-of-its-kind-gulf-coast-carbon-sequestration-project/

March 2021 - Bipartisan group introduces nation’s first comprehensive CO2 infrastructure bill…https://www.coons.senate.gov/news/press-releases/bipartisan-group-introduces-nations-first-comprehensive-co2-infrastructure-bill

July 11, 2021, Gulf Coast ready to develop Carbon Storage Hub…
The stage is set for a new carbon storage economy to emerge along the Gulf Coast, according to a study led by The University of Texas at Austin.

"$100 billion or more"    -- 50 million metric tons of CO2 annually by 2030. By 2040, it could be 100 million metric tons: Average 75 million tons annually for 18 years, 1.35 billion tons total, $74 per ton.
Gulf Coast ready to develop Carbon Storage Hub, Carbon Capture Journal, July 11, 2021.
https://www.carboncapturejournal.com/news/gulf-coast-ready-to-develop-carbon-storage-hub/4700.aspx?Category=all

November 17, 2021, Calma, Exxon’s new Gulf of Mexico leases aren’t what they seem, The Verge…
https://www.theverge.com/2021/11/18/22789506/exxonmobil-gulf-of-mexico-lease-sale-carbon-capture-sequestration

November 17, 2021, Exxon Eyes CCS in Active US Gulf Lease Sale…
November 17, Energy Intelligence Group
https://www.energyintel.com/0000017d-2f96-defa-ab7d-6fbf0ac90000

May 19, 2021, Gulf Coast Carbon Center (BCCC) Bureau of Economic Geology, University of Texas…
https://www.beg.utexas.edu/gccc
Full Paper - Meckel et al., Carbon capture  utilization and storage hub development on the Gulf Coast, Greenhouse Gases Science and Technology, May 19, 2021.
https://onlinelibrary.wiley.com/doi/10.1002/ghg.2082?af=R

April 19, 2021, ExxonMobil Statement, $100 Billion…
The promise of carbon capture and storage, and a Texas-sized call to action
https://energyfactor.exxonmobil.com/insights/partners/houston-ccs-hub/

and AP, 110221, Exxon seeks $100 billion for Houston carbon capture plan…
https://apnews.com/article/climate-technology-business-paris-f76df7ee4e6a8a4b6bab96badb2eb41a


Bruce Melton PE
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Andrew Lockley

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Sep 10, 2022, 8:05:43 PM9/10/22
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New law helps U.S. firm launch Wyoming direct air carbon capture project
The U.N. has said large-scale carbon removal technologies will be needed in the coming decades to limit global warming to 1.5C and avoid increasingly severe climate impacts.

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Inside look at Iceland company’s new experiment to combat climate change
Sept. 8, 2022, 2:49 PM BST
By Reuters
A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.

CarbonCapture, founded by technology entrepreneur Bill Gross, announced the start of Project Bison in Wyoming with Frontier Carbon Solutions, marking a milestone as government and private investment pours into the nascent DAC climate technology.

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