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re: Can someone explain how carbon capture can make any money?
Posted on 8/12/23 at 2:31 pm to ksayetiger
Posted on 8/12/23 at 2:31 pm to ksayetiger
I found newly discovered carbon sequestration units that can be profitable.
1
Posted on 8/12/23 at 2:45 pm to ksayetiger
I’m pretty sure they capture the carbon emissions from refineries and plants and then pipeline them to a carb cap site where they are injected into a depleted reservoir, or in some cases they are used by oil companies like denbury (recently acquired by xom, who’s going heavy on carb cap) to inject into energy depleted oil formatijon to repressure the reservoir and recover more oil.
This post was edited on 8/12/23 at 2:54 pm
Posted on 8/12/23 at 2:46 pm to Auburn1968
Wouldn't building a golf course qualify?
Posted on 8/12/23 at 2:46 pm to ksayetiger
quote:
how exactly does this generate money
Only through government subsidies of the capturing industry. The captured CO2 is fairly worthless and isn't being stored to be sold for a small profit later by some company who would then make products with it to fill a demand in the economy.
Posted on 8/12/23 at 3:44 pm to ksayetiger
Capture carbon in trees
Cut down tress for lumber
Rivne repeat
Cut down tress for lumber
Rivne repeat
Posted on 8/12/23 at 4:57 pm to ksayetiger
Government regs forcing companies to do it and government money subsidizing this stuff.
If government got out of it completely it dies almost immediately.
If government got out of it completely it dies almost immediately.
Posted on 8/12/23 at 5:09 pm to ksayetiger
quote:
If I understand correctly, these plants yank carbon dioxide from the atmospere, it is collected amd sent underground.
Jesus Christ man. Let it go. No you don’t understand correctly. lol
Posted on 8/12/23 at 5:14 pm to AndyCBR
quote:
It doesn't make any money without the subsidies. I've got another good one for you. Those huge compressors are 3-4 years out even if you issued a PO today. It's a scam.
Really? What kind of huge compressors? You sound like you’re in the know. I am too. Explain.
Posted on 8/12/23 at 5:20 pm to ksayetiger
It's a money hole, it will cost billions to maintain these through brother-in-law contracts.
But it does give politicians another way to make money under the table and funnel money to friends and family.
But it does give politicians another way to make money under the table and funnel money to friends and family.
Posted on 8/12/23 at 5:28 pm to ksayetiger
I’m still waiting for an answer to this question…
So apparently we are going to trap all of the earths heat in by its core, thus cooling the outer crust and causing a global Ice Age?
So apparently we are going to trap all of the earths heat in by its core, thus cooling the outer crust and causing a global Ice Age?
Posted on 8/12/23 at 5:42 pm to CollegeFBRules
Why build them here? The carbon is coming from China.
Why doesn't the UN punish China for their carbon emissions.
Why doesn't the UN punish China for their carbon emissions.
Posted on 8/12/23 at 6:24 pm to geauxturbo
quote:
I think the subsidy is $85 a ton. If compression is less than 85 a ton, then you profit. For what purpose are we pumping CO2 into the ground, not sure.
To carbonate the drinking water, of course.
Posted on 8/12/23 at 9:25 pm to SippyCup
quote:
20,000 seems like a doable number worldwide. We probably have more refineries than that.
There’s about 115 in the US and 675 worldwide.
Posted on 8/12/23 at 9:31 pm to pochejp
quote:
Really? What kind of huge compressors? You sound like you’re in the know. I am too. Explain.
Well just call Kobelco, Andritz, Mitsubishi, or any of the other big players in the industry. The demand and continued global post-COVID manufacturing clusterfrick are real.
I guess if doing FEL studies for this dubious technology makes me "in the know" so be it.
Care to offer any evidence to refute these claims or just attack the source?
You fricking Explain...
Posted on 8/12/23 at 10:00 pm to SippyCup
quote:
20,000 seems like a doable number worldwide. We probably have more refineries than that.
There are between 550 and 825 refineries world wide.
And oil refineries actually make money.
Posted on 8/12/23 at 11:23 pm to ksayetiger
quote:
If I understand correctly, these plants yank carbon dioxide from the atmospere, it is collected amd sent underground.
You do not understand it. There is carbon capture and carbon sequestration. Carbon capture includes direct carbon capture, which is yanking it from the atmosphere. That is radically expensive and not anywhere close to economically practicable yet.
Most carbon capture involves grabbing it in concentrated streams such as waste from ammonia production.
Carbon sequestration is storing it underground.
Your question about it making money is irrelevant. How much money did catalytic converters make? None. But they sure cleaned up the air in big cities like LA.
Posted on 8/12/23 at 11:51 pm to ksayetiger
How do you capture it? I know there's a huge project on Lake Maurepas but seriously it seems like a huge waste of money.
Posted on 8/13/23 at 7:26 am to ksayetiger
Biden giving $1.2B to plant a couple of trees? Why did we give him so much discretionary money?
Posted on 8/13/23 at 7:33 am to roux
quote:Anesthesia machines used to capture (scrub) CO2 in closed circuit by running the exhaled gases through what I believe were charcoal pellets. Kind of had to use close circuits or you would expose everyone in the room with anesthetic gases. Probably still uses something but haven't been around it in years.
How do you capture it? I know there's a huge project on Lake Maurepas but seriously it seems like a huge waste of money.
Posted on 8/13/23 at 8:06 am to Diamondawg
Just another fricking dream by ecowackos that will cost the working class Money
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