Published by Todd Bush on July 19, 2024
An international oil and gas company is to hold a series of public consultations on its plans to create a new carbon dioxide (CO2) pipeline.
Exxon Mobil is seeking approval for the Solent CO2 Pipeline Project, which would see a pipe running from its Fawley oil refinery near Southampton to a CO2 storage site under the English Channel.
According to government data, the site the Solent pipeline will lead to is the only one suitable in the English Channel
>> In Other News: Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
The company says it is critical for introducing Carbon Capture and Storage (CCS) to the Solent area which would help to reduce carbon emissions.
The consultations will be held across Hampshire and the Isle of Wight from 7 August until 5 September.
According to government data, the site the Solent pipeline will lead to is the only one suitable in the English Channel.
Exxon Mobil claim the pipe from the Fawley Petrochemical Complex would lead to a carbon reduction equivalent to removing five million cars from the roads each year.
Michael Foley, UK low carbon solutions venture executive at the company, said the pipeline would remove "millions of tonnes" of CO2 annually.
He added: “The UK Climate Change Committee acknowledge CCS technology as a game-changer, describing it as a ‘necessity not an option’, and we are proud of the work we are doing to bring it to the Solent, one of the most industrially significant areas in the UK.
“Many industrial sectors in the Solent are essential yet challenging to decarbonise, like those at our Fawley Petrochemical Complex which produces a diverse range of essential products, like fuels and rubber products.
“This pipeline, and CCS technology, will not only support the regional economy and maintain high-skilled jobs but will also contribute to the government’s goal of achieving net zero by 2050."
CCS facilities aim to prevent CO2 produced from industrial processes and power stations from being released into the atmosphere.
CO2 from burning fossil fuels is captured, transported via a pipeline, and then stored deep underground.
Most of the UK's potential storage is located in the North Sea but according to government data, the site the Solent pipeline will lead to is the only one in the English Channel.
The Victoria Pavilion, Newport, Isle of Wight, 7 August
Boldre War Memorial Hall, Boldre, Hampshire, 14 August
Macdonald Elmers Court Hotel & Resort, Lymington, Hampshire, 16 August
Shalfleet Village Hall, Newport, Isle of Wight, 22 August
Phoenix Knights Centre, Cowes, Isle of Wight, 23 August and 3 September
Niton Village Hall, Ventnor, Isle of Wight, 24 August
The Bridge Community Centre, Milford on Sea, Hampshire, 30 August
Calshot Activity Centre, Calshot, Hampshire, 4 September
Jubilee Hall, Fawley, Hampshire, 5 September
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌬️ Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub 🧪 Carbon Cell Raises £1.2M to Scale Production of Innovative Low-carbo...
Inside This Issue 🏭 Svante Launches World's First Commercial Gigafactory for Carbon Capture & Removal Filters ✈️ Alder Renewables and Bioénergie AECN Announce Project Avance: Unlocking Sustain...
Inside This Issue ✈️ United Bets on Photosynthesis and Limestone to Fuel Net-Zero Flight Path 📈 EIA: US SAF Production Takes Off as New Capacity Comes Online 🌲 Alder, Bioénergie AECN Unlock SAF Pr...
Rubicon Carbon Enters into Agreement with Microsoft for Nature-based Carbon Removal Credits
This initiative marks one of the largest-ever commitments by a single corporate buyer in the voluntary carbon market to date. Rubicon Carbon, a leading carbon credit management firm, today entered...
Carbon Cell Raises £1.2M to Scale Production of Innovative Low-carbon Foam Material
Carbon Cell has raised a £1.2m pre-seed round to scale its novel, plastic-free foam made from biochar and natural polymers Founded by Imperial alumni Elizabeth Lee, Ori Blich, Eden Harrison and Ju...
XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facility HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) Occidental (NYSE: OXY) and its subsidia...
Project Avance will deploy Alder Renewables' proprietary technology to convert bio-oil currently produced at the Port-Cartier Bioénergie AECN plant which is a joint venture between sawmill operator...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.