Project will generate CDRs
SLB-ACC JV wins FEED for project at US pulp and paper mill
Development on US Gulf Coast designed to use modular capture technology to generate verifiable carbon dioxide removals
A recently formed joint venture (JV) between international technology firm SLB and Norway-based Aker Carbon Capture ASA has been awarded a contract by US developer CO280 Solutions for FEED of a substantial carbon capture plant at a pulp and paper mill on the US Gulf Coast. The landmark project aims to eliminate 800,000t/yr of carbon emissions, including biogenic CO₂, generating permanent, verifiable, and cost-effective carbon dioxide removals (CDRs). North America’s pulp and paper industry holds a carbon removal opportunity of up to 130mt/yr, according to SLB-ACC JV. By effectively sequestering these emissions, it is claimed the industry can achieve negative emissions—removing more carbon di
Also in this section
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
