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PORT ARTHUR, Jun 10, 2010 (The Port Arthur News – McClatchy-Tribune Information Services via COMTEX) — On Thursday, the U.S. Energy Department tapped $253 million toward containment and deployment of carbon from industrial sites as part of a Port Arthur-based initiative.
Air Products & Chemicals, Inc. and partner Denbury Onshore LLC received the allocations as part of the American Recovery and Reinvestment Act after successfully finishing phase one research and development. The companies hope to capture and sequester one million tons of CO2 per year from existing steam-methane reformers in Port Arthur beginning November 2012. This is the equivalent of removing nearly one million cars off the road. The initiative will also increase domestic production of oil by more than 10 million barrels a year by the end of September 2015, according to Energy Department reports.
“Capturing carbon emissions and storing them underground is a crucial technology as we build a clean energy future and address the threat of climate change,” said Secretary Steven Chu. “This investment will create jobs and help ensure that America can lead the world in the clean energy economy.”
The companies also received funds in October 2009 toward phase one activities. Phase 2 will fund design, construction, and operation.
The carbon would be delivered via a 12-mile connector pipeline to an existing Denbury interstate CO2 pipeline and sequestered via use for enhanced oil recovery in the West Hastings oilfield. In addition, Energy Department officials are reviewing further applications for the funding of more large-scale carbon and storage projects.
The project team includes Air Products & Chemicals, Denbury Onshore LLC, the University of Texas Bureau of Economic Geology, and Valero Energy Corporation. The team was one of three recipients of funding as part of the new initiative.
The Obama Administration has made a goal of developing cost-effective deployment of CCS within 10 years, with an objective of bringing five to 10 commercial demonstration projects online by 2016.
Humankind has altered the natural carbon cycle by burning coal, oil, natural gas and wood and since the industrial revolution began in the mid 1700s, each of these activities has increased in scale and distribution, according to the National Climatic Data Center.
Carbon dioxide, the first greenhouse gas showing rises in measurable concentrations since the last half of the 20th century, are emitted at a rate of more than 30 parts per million — a leap from the pre-industrial era.
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