Oklahoma Carbon Dioxide Storage Agreement

State:
Multi-State
Control #:
US-OG-949
Format:
Word; 
Rich Text
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Description

This form is a carbon dioxide storage agreement.
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FAQ

There are a few commercial markets for captured CO2, such as in carbonated beverages or greenhouses that use piped-in CO2 to grow plants. And there are other, more speculative proposals to transform CO2 into valuable products like plastics and fuel.

Carbon dioxide is the most commonly produced greenhouse gas. Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide. It is one method of reducing the amount of carbon dioxide in the atmosphere with the goal of reducing global climate change.

The analysis suggests coal-sourced CO2 emissions can be stored in this region at a cost of $52?$60 ton?1, whereas the cost to store emission from natural-gas-fired plants ranges from approximately $80 to $90. Storing emissions offshore increases the lowest total costs of CCS to over $60 per ton of CO2 for coal.

Carbon sequestration is the capturing, removal and storage of carbon dioxide (CO2) from the earth's atmosphere. It's recognised as a key method for removing carbon from the earth's atmosphere.

The purposes of the program are to provide a mechanism for creating and preserving carbon reserves in this state by encouraging voluntary practices that protect or improve natural resources, to enable Oklahomans to participate in market-based programs for natural resource protection, to provide a mechanism for ...

Carbon sequestration (or carbon storage) is the process of storing carbon in a carbon pool. Carbon sequestration is a naturally occurring process but it can also be enhanced or achieved with technology, for example within carbon capture and storage projects.

CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.

The 2009 Oklahoma Carbon Capture and Geologic Sequestration Act divides jurisdictional responsibility between DEQ and OCC for subsurface sequestration of carbon dioxide.

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Oklahoma Carbon Dioxide Storage Agreement