November 14, 2023
BY MicroSeismic
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The Australian Government is supporting new ways to capture carbon dioxide and put it to use, to help reduce emissions from hard-to-abate industries and advance Australia’s net zero transformation. Through the Carbon Capture Technologies Program, the government is investing $65 million in 7 projects that will use emerging technologies to decarbonize hard-to-abate industrial processes and directly remove carbon dioxide from the atmosphere.
The Acorn Carbon transport and storage project, a project that aims to capture, transport and safely store CO2 emissions from across Scotland, will be granted £2 million from the Scottish Government.
Air Liquide's large scale CO₂ liquefaction technology, Cryocap™ LQ, has been selected by Stockholm Exergi to contribute to its Bio-Energy Carbon Capture & Storage (BECCS) project. The CO₂ liquefaction solution allows to transport CO₂ over long distances to carbon sinks for permanent storage, contributing to the viability of CCS projects and emergence of a low-carbon industry.
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon capture, utilization and sequestration (“CCUS”) deployment at Methanex’s Medicine Hat, Alberta facility.
Shell announced the Final Investment Decision for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tons of CO2 annually from the Shell-owned Scotford refinery and chemicals complex.