PHOTO: SUMMIT CARBON SOLUTIONS
November 14, 2023
BY Summit Carbon Solutions
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BKV Corporation and Comstock Resources, Inc. announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.
On May 12, the Iowa Senate voted 27-22 to pass HF 639, effectively banning CCS projects in the state. The IRFA said the vote goes against farmers and ethanol producers seeking to unlock ultra-low carbon ethanol markets around the world.
As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
Carbon Direct, in collaboration with Microsoft, announced the release of new criteria for high-quality marine carbon dioxide removal (mCDR), setting a higher standard for social impact, monitoring, durability, and environmental integrity in the rapidly evolving mCDR space.
EFM and Meta have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based carbon removal credits through 2035. The deal will support the transition of 68,000 acres of forestland to climate-smart management on Washington’s Olympic Peninsula, with the goal of removing more than one million tons of carbon emissions over the next decade.