Artio Secures £550k to Revolutionize Early-Stage Carbon Insurance
November 7, 2024
BY Artio
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CF Industries Holdings, Inc. announced the start-up of the carbon dioxide (CO2) dehydration and compression facility at its Donaldsonville Complex in Louisiana. The facility will enable the transportation and permanent geological sequestration of up to 2 million metric tons of CO2 annually that would otherwise have been emitted into the atmosphere.
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Bayou Bend, a joint venture between Chevron, Equinor, and TotalEnergies SE, is a carbon dioxide (CO₂) transportation and storage project in Southeast Texas. It’s designed to support key regional industries in reducing the carbon intensity of their operations. The goal is for Bayou Bend to serve as a central hub for CO₂ storage in the area.
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