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Wednesday

04/21

Decarbon Daily - Issue for August 4, 2021

Inside this issue

While doing the research on the Infrastructure Bill of 2021, I looked back into the American Recovery and Reinvestment Act of 2009 and the EU's Energy Programme for Recovery. Collectively, these acts provided nearly $8.5 billion in funding and were encouraging the development of CCUS after the global financial crisis.

As of today, according to the IEA, only five projects are operating as a direct result of these policies. Staggering numbers considering the $18 billion investment the USA is about to make into carbon capture and storage. Now, I'm sure there is new technology, new processes, and learnings from the first round of the investment, but the industry must improve the ratio of funding to active projects.

Companies must be capital efficient to make the expanded CCS work in the US and globally. The carbon hubs that are mentioned in the Infrastructure Bill will be critical to have the people, jobs, and resources needed to deliver the projects on-time, on-budged, and as designed.

Inside this Issue

πŸ—‚ Inside the Epic Infrastructure Bill
🀝 Gordon Signs Agreement for Wyoming and JCOAL Carbon Capture Research
πŸ‘·πŸΌβ€β™€οΈ Carbon Clean Awarded FEED Contract for Acorn CCS project
♻️ A new era for CCUS – CCUS in Clean Energy Transitions

Articles in this issue

Inside the Epic Infrastructure Bill

www.nytimes.com
What’s in the $1 trillion proposal, from broadband and bridges to ports and pedestrian crossings.

Gordon Signs Agreement for Wyoming and JCOAL Carbon Capture Research

oilcity.news
Wyoming Governor Mark Gordon and Japan Coal Frontier Organization President Osamu Tsukamoto have signed a memorandum of understanding (MO...

Carbon Clean Awarded FEED Contract for Acorn CCS project

www.gasworld.com
Carbon Clean has been contracted to carry out the Front End Engineering Desgin (FEED) services for the Acorn carbon capture plant at St F...

A new era for CCUS – CCUS in Clean Energy Transitions

www.iea.org
The development of CCUS hubs – industrial centres with shared CO2 transport and storage infrastructure – could play a critical role in ac...

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