The Big Business of Burying Carbon

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The porous rock beneath the Gulf Coast launched the petroleum age. Now entrepreneurs want to turn it into a gigantic sponge for storing carbon dioxide.

The result today is that, more than a century after opportunists first swarmed the Gulf to profit from its hydrocarbons, a new swarm has descended, this time to profit from mitigating the damage those hydrocarbons have wrought. A quest that just a few years ago was a science project has become a high-stakes contest to lock up good rock. Within about a 75-mile circle around Port Arthur, more than half a dozen industrial-scale projects are in various stages of preparation.

Meckel pulls his Toyota into Sea Rim State Park, a beach on the Gulf. The parking lot is open, but much of it is flooded. Roseate spoonbills wade through puddles on the asphalt. We wander onto the sand. Looking seaward, Meckel points to a line of oil platforms squatting on the horizon. He envisions dozens of new wells drilled in the coming decades, this time to inject CO. “We’re talking about a whole area the size of Texas that you can develop for storage,” he muses. “Who’s not going to think that’s a good idea?”

Meckel concedes that carbon storage is a “blunt” and “dumb” approach to curbing climate change. “You’re basically just landfilling,” he says, not decoupling the economy from the production of heat-trapping gases. But with it, he adds, “you buy the time to use the scalpel to do all the cool stuff,” by which he meansJust off this coast sits what may be Texas’ most promising site for a COlandfill, a spot to which Meckel is directing my gaze.

Carbonvert’s story dates to 2018. At the time, Tiller, based in Denver, was running a renewable-energy investment fund for a San Francisco financial firm. His specialty was the trade in so-called tax equity. He would finddevelopers whose projects qualified for tax credits but whose tax bills were too small to take advantage of them.

 

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What we can see is the bullshit wired spews

hOW GREEN IT WOULD BE DOWN HERE

If carbon dioxide is actually damaging the environment how will creating a fiat economy around it going to solve the continued production ?

Carbon dioxide is about 420 parts *per million*, the sky would not be purple. Idiotic hyperbole serves no one.

And the best part… It doesn’t work. Carbon Capture is not a solution. Processed attached. Carbon Capture is weak. Direct air, Carbon Capture is a complete joke. A scam.

Colourless, odourless, tasteless gas. Vital to life on earth. Photosynthesis input and the greenhouse effect that allows the Earth to support life. It’s an odd thing to consider it a pollutant.

🤦‍♂️ Carbon is not the problem. Carbon dioxide co2 is the problem.

Now reading 'the soil will save us' there's some hope, but it ain't high tech.

There's no point in Artificial sequestration unless we stopped all emissions, preserve all forests, and figure out fusion so we have an extreme surplus of energy. In other words, we are a long ways from artificial sequestration being remotely feasible.

We bury Carbon all the time, they're call dead bodies. We are Carbon, to deny the Carbon is just the same as anointing yourself in a tinfoil hat. If carbon is bad, we might all do the world a service, and collectively just stop breathing.

Nice alliteration bro 😂

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