decarbonfuse Icons/logo

Tuesday

10/21

Decarbon Daily - Issue for August 10, 2021

Inside this issue

The Energy earnings calls are wrapping up and several unlikely winners are emerging for the first half of the year.

Denbury Resources owns a network of 925+ miles of CO2 pipeline today that are strategically located in proximity to multiple large sources of industrial CO2 along the Gulf Coast. Year to date, Denbury's stock is +160% with a $3.4 billion market cap.

Chris Kendall, Denbury's President and CEO said:

With bipartisan support, most of the legislation I see working today is targeted to improve the incentives for increased captured industrial CO2 volumes. We are at a very exciting time in this industry, and Denbury is extremely well-positioned to play a key role. I'm frequently asked how I see the future role of EOR in CCUS. Over time, I believe that the majority of captured CO2 will be sequestered outside of EOR, primarily because the volume of captured industrial CO2 is likely to be far greater than what can be injected into EOR fields.

Inside this Issue

📈 Oxy Looks to Ramp Permian Carbon Capture by Early 2024
📑 7 things to know about carbon removal markets
🤝 U. S. Steel to Work with Equinor to Assess Hydrogen, Carbon Capture and Storage Development
💰 Denbury Inc. (DEN) Q2 2021 Earnings Call Transcript

Articles in this issue

Oxy Looks to Ramp Permian Carbon Capture by Early 2024

www.naturalgasintel.com
The world’s largest direct air capture (DAC) facility, designed to zap up to 1 million metric tons/year of carbon dioxide (CO2) emissions...

7 Things to Know About Carbon Removal Markets

www.greenbiz.com
Fifteen years ago, the idea of sucking carbon dioxide out of the air and storing it underground was an anathema to many in the climate mo...

U. S. Steel to Work with Equinor to Assess Hydrogen, Carbon Capture and Storage Development

www.businesswire.com
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced execution of a non-exclusive Memorandum of Understanding (“MOU”...

Denbury Inc. (DEN) Q2 2021 Earnings Call Transcript

www.fool.com
According to Chris Kendal, Denbury's President and CEO, CCUS utilizes technology that exists today. It can be massively scaled, and it is...

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration