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re: Air Products looking to store carbon dioxide under Lake Maurepas
Posted on 8/26/22 at 10:33 am to ragincajun03
Posted on 8/26/22 at 10:33 am to ragincajun03
quote:
Oil & gas companies, and petrochemical companies, have been working on this technology since even before Trump was elected.
Some of you on this board...
If JBE wasn't governor this board would've hailed the article as ingenuity to revive industry in Louisiana
Posted on 8/26/22 at 10:35 am to Leonard
quote:No, it's happening
They're just running seismic to see if it's even possible.
Posted on 8/26/22 at 10:36 am to AndyCBR
quote:
Do you deny that there are subsidies and/or federal monies in the recently passed legislation that encourage CCS technologies and investment?
If it wasn't feasible before, why is it feasible now?
I don’t, but the person I was replying to was trying with his last statement to suggest this project was happening due to the Biden legislation passed.
Air Products was going to do this project with or without the fake IRA. The EPA regulations that have been and are continuing to come into effect are making projects like this a must.
Now we can debate if such new restrictions are truly necessary, but our petrochem and O&G industries for now have to plan as if that debate is settled.
Posted on 8/26/22 at 10:37 am to AndyCBR
quote:No one here disagrees that this only makes sense due to the climate change push worldwide and the government providing credits. That is obvious no matter who is looking at it. There is no point in doing this if you aren't getting paid for it.
If it wasn't feasible before, why is it feasible now?
With that said, the government is paying companies to do this, and it will be required for Louisiana petro chem to survive long term if regulations aren't changed.
Posted on 8/26/22 at 10:41 am to ForeverLSU02
quote:
No, it's happening And that's just one of the first of many CO2 projects in South LA
I'm aware of the projects underway, just saying the back-log on these permits is ridiculous, it's not like they're going to be sequestering this fall. More like 4-5 years from now
Posted on 8/26/22 at 10:43 am to TigerTatorTots
quote:
No one here disagrees that this only makes sense due to the climate change push worldwide and the government providing credits. That is obvious no matter who is looking at it. There is no point in doing this if you aren't getting paid for it.
With that said, the government is paying companies to do this, and it will be required for Louisiana petro chem to survive long term if regulations aren't changed.
I'm not aware of any recent new EPA benchmarks that require Carbon Capture. EPA publishes these requirements years in advance so companies have time to plan and comply.
Most studies I have seen were purely voluntary efforts on behalf of the company because they wanted to be able to say, globally, that they have reduced carbon emissions X percent.
Even if the government is kicking in money, it's not free, and the initial costs and long term operations costs will ultimately trickle down to the consumer as higher product costs.
During a period of record inflation, that's not a good thing.
Posted on 8/26/22 at 10:46 am to AndyCBR
Funny coincidence the topic being discussed today on a channel I follow, CCS.
Posted on 8/26/22 at 10:56 am to Hangit
quote:clearly you don't know how any of this works. The State of Louisiana owns most of Lake Maurepas and the proper leases were secured well in advance.
Also, they don't own Lake Maurepas, so there's that. It is pretty arrogant to make plans, and start doing seismic tests on somebody else's property.
Posted on 8/26/22 at 10:57 am to redstick13
Let China and India go first.
Oh wait, 3 billion people have nearly 0 environmental regulations.
Global warming is such a ridiculous hoax.
It wouldn't suprise me if the elite globalists like Klaus Schwab are trying to kill crops by reducing CO2 in the atmosphere.
Oh wait, 3 billion people have nearly 0 environmental regulations.
Global warming is such a ridiculous hoax.
It wouldn't suprise me if the elite globalists like Klaus Schwab are trying to kill crops by reducing CO2 in the atmosphere.
Posted on 8/26/22 at 11:01 am to ragincajun03
quote:
Who doesn't own Lake Maurepas? Whom are you referring to?
I am referring to the company that this thread is aboot. they are acting as if they own it. Most of it is owned by the state, through donation.
Posted on 8/26/22 at 11:03 am to Hangit
quote:
I am referring to the company that this thread is aboot. they are acting as if they own it. Most of it is owned by the state, through donation.
They are doing what the State of Louisiana, who owns the surface/water-bottom (hence porespace rights) is allowing them to do via the pore space sequestration easement that was granted to them. It’s all of public record.
If you’re against the project, fine. Your complaint is with the surface/water bottom owner who entered into an agreement allowing Air Products to do this.
This post was edited on 8/26/22 at 11:05 am
Posted on 8/26/22 at 11:04 am to BowDownToLSU
Nothing could go wrong right?
Posted on 8/26/22 at 11:07 am to MaxxPain2
quote:
Nothing could go wrong right?
I hope you don't enjoy fishing. Or live near by if there is a leak.
Posted on 8/26/22 at 11:24 am to ragincajun03
quote:
If you’re against the project, fine.
I never said, or implied that I am against it. I said that they are being presumptuous in moving ahead on a project on land they do not own. Some mook came in and said they already have leases. It did not say that in the link from the OP.
Posted on 8/26/22 at 11:30 am to Hangit
quote:
I never said, or implied that I am against it. I said that they are being presumptuous in moving ahead on a project on land they do not own. Some mook came in and said they already have leases. It did not say that in the link from the OP
The link is from WBRZ. A news station like that is going to have zero clue about property rights and oil & gas leases or surface and pore space easements.
They do not need to own the land to move forward. All they need is the proper agreement from the owner of the property, which they do. They’ve had it secured since last year.
This post was edited on 8/26/22 at 11:41 am
Posted on 8/26/22 at 11:39 am to Upperdecker
quote:
or bonded with water
CO2 and water make carbonic acid
Posted on 8/26/22 at 12:24 pm to BOSCEAUX
quote:
Don’t we have a CO2 shortage right now because of the contamination at the facility in Mississippi? For now why aren’t they capturing it and selling it?
Because industrial exhaust gases are nowhere near the same thing as food grade CO2.
The same types of hydrocarbons that contaminated the Jackson Dome deposit will be found in flue gases, but likely in much higher concentrations. The shortage isn’t due to a lack of CO2. It’s due to a lack of pure CO2.
Posted on 8/26/22 at 12:26 pm to Upperdecker
quote:
Y’all don’t realize but this could become a massive industry in LA
Storing gas for eternity? How does that help the economy long term exactly?
Posted on 8/26/22 at 12:32 pm to Hangit
quote:
I am referring to the company that this thread is aboot. they are acting as if they own it. Most of it is owned by the state, through donation.
Seismic surveys require specific permits. They do not typically require an active lease.
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