FYI, a new piece I just published in Illuminem:
https://illuminem.com/illuminemvoices/6168b84f-72af-4236-a3ff-36cde731d02e
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WIL BURNS Co-Director, Institute for Carbon Removal Law & Policy American University
Visiting Professor, Environmental Policy & Culture Program, Northwestern University
Email: wil.b...@northwestern.edu Mobile: 312.550.3079 https://www.american.edu/sis/centers/carbon-removal/
Want to schedule a call? Click on one of the following scheduling links:
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The concept that EOR is at best carbon neutral is though accurate
in part, based on a caveat - that all of the CO2 that can be
recovered with the product is then recycled to the next well. The
CO2 sequestered in EOR science that says "at best neutral," is
that unrecoverable C02 is captured in the EOR process because it
is mineralized in the ever-present salt water in oil plays, and
that is captured in the kerogens that originally held the
hydrocarbons.
To create carbon negative oil with EOR, considering life cycle
analysis, in order to get the pay from IRS 45Q or the California
Low Carbon Fuels Standard sequestration incentive, one must simply
leave extra CO2 in the ground instead of recycling it all to the
next well. The cost of leaving this excess CO2 in the ground is
quite minimal at the end of the EOR cycle because the
infrastructure for getting the CO2 in the ground to do the EOR is
already in place.
Steep trails,
B
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