Virgin Islands Carbon Dioxide Storage Lease

Q: What is a carbon capture well?

It&#039;s a three-step process, involving: capturing the carbon dioxide produced by power generation or industrial activity, such as steel or cement making; transporting it; and then storing it deep underground. Here we look at the potential benefits of CCS and how it works.

Category:

Oil Gas and Minerals - Leases

State:

Multi-State

Control #:

US-OG-951

Format:

Instant download

Description

This form is a carbon dioxide storage lease.

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FAQ

It's a three-step process, involving: capturing the carbon dioxide produced by power generation or industrial activity, such as steel or cement making; transporting it; and then storing it deep underground. Here we look at the potential benefits of CCS and how it works.

CCS will be a key option for reducing emissions in countries reliant on coal-based electricity generation. The concept is to capture CO2 produced by burning coal in power stations, compress it, pipe it away from the plant and then store it deep underground.