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Summit estimates it will pump about 18 million tons of carbon dioxide into the storage area each year. The company will take advantage of federal tax credits — $85 per ton of CO2 stored — as ...
and storage here. But the Michigan Environmental Council (MEC) is concerned the legislation does not take precautions to respond to problems such as leaks from pipes transporting CO2 in liquid or ...
Since the CO2 storage takes place in North Dakota, Summit must also lease pore space — the void space in rocks where the CO2 would be stored — from landowners in addition to obtaining ...
OSLO, Dec 10 (Reuters) - Chemicals group INEOS has taken a final investment decision with partners to build a CO2 storage project off Denmark, potentially the first such EU project to start ...