Milestone Carbon Plans Carbon Capture and Capture in Louisiana
March 21 (UPI) — Adding its name to a growing chorus of voices, carbon reduction company Milestone Carbon said Tuesday it has begun plans to build a carbon capture and sequestration facility in Louisiana.
Louisiana and the wider Gulf Coast region are adopting carbon-reducing technologies as the global energy sector tries to find a way to solve climate problems by continuing to use the forms of energy available today.
milestone said it was interested in developing carbon storage technology on 46,000 acres in Terrebonne Parish, Louisiana. The company said it could store “hundreds of millions of tons” of carbon dioxide, a potent greenhouse gas, in underground geological formations.
“Louisiana has many important elements for successful carbon capture projects, including excellent geology, strong political support and significant industrial emissions,” said Chris Davis, senior vice president of Milestone Carbon.
Milestone’s is just one of many carbon storage projects planned in Louisiana. Billions of dollars of investment are being directed to commercial development, announced late last year by Gov. John Bel Edwards.
“The collaboration and innovation to advance carbon capture and storage technologies at this scale validates our state’s ability to grow our economy without sacrificing our long-term goals of zero emissions by 2050.” He said.
Last week, Battelle, Climeworks and Heirloom Carbon submitted their proposal to the Department of Energy to receive funds from last year’s bipartisan Inflation Reduction Act to support the development of Project Cypress’s planned Direct Air Capture Center (DAC) along the U.S. Gulf Coast.
DAC technology uses large fans to blow air through a potassium hydroxide solution to remove CO2 from the atmosphere.
Climeworks has already built two carbon capture plants similar to the one being proposed for Louisiana. The former can extract 900 tons of CO2 from the air each year for use in greenhouses. Its second facility can capture 50 tons per year, which the company plans to bury in basalt formations deep below the earth’s surface.
News Press Ohio – Latest News:
Columbus Local News || Cleveland Local News || Ohio State News || National News || Money and Economy News || Entertainment News || Tech News || Environment News
