Published by Todd Bush on January 15, 2025
Jan 15 (Reuters) – A U.S. regulator on Wednesday proposed new rules to strengthen safety requirements for carbon dioxide and hazardous liquid pipelines, addressing the growing adoption of carbon capture technologies to combat global warming. The new regulations will bolster existing standards and, for the first time, set norms for transporting carbon dioxide in a gaseous state via pipeline, the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) announced.
>> In Other News: DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Centers
The U.S. anticipates an increase in carbon dioxide pipelines nationwide as carbon capture and sequestration technologies gain traction in efforts to fight global warming. One proposed rule mandates more detailed vapor dispersion analyses to better protect public safety and the environment in the event of a pipeline failure.
"I have learned firsthand from affected communities in Mississippi and across America why we need stronger CO2 pipeline safety standards," said Tristan Brown, PHMSA Deputy Administrator.
In 2020, Denbury's 24-inch Delta Pipeline ruptured in Satartia, Mississippi, releasing thousands of barrels of CO2. The incident caused local evacuations and led to 45 hospitalizations, highlighting the risks associated with CO2 pipeline operations.
Liquid CO2 vaporizes upon release into the atmosphere. Its vapor is 1.53 times heavier than air and displaces oxygen, posing potential asphyxiation risks to humans and animals, according to PHMSA.
In 2023, Denbury reached a settlement with PHMSA, agreeing to a penalty of approximately $2.8 million, nearly $1 million less than the initial proposal in 2022.
For more information on PHMSA's proposed regulations, visit their website.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌏 A Bold Transpacific Alliance: ExxonMobil and Marubeni Power a Cleaner Future with Low-Carbon Ammonia 💰 Aker Carbon Capture Has Decided to Sell Its 20 Percent Ownership Interest...
Inside This Issue 🌊 NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions 🛠️ First Public Hydrogen (FPH2) Appoints Ernesto Medrano to Board of Directors 💡 Kinetics Ac...
Inside This Issue 📊 Trading Carbon Right: Why Credit Quality Matters More Than Ever ☀️ SunHydrogen Contracts The Process Group for Front-End Engineering Design of 25m2 Renewable Hydrogen Pilot Pla...
Canada’s Bold Path to Net-Zero: How the Pathways Alliance Is Reshaping Oilsands and Carbon Capture
A united front for a cleaner future In Canada’s race to reach net-zero emissions by 2050, few initiatives carry as much weight—or as much promise—as the $16.5 billion carbon capture and storage (C...
Project Hajar Earns Top XPRIZE Carbon Award for Direct Air Capture and Storage in UAE
Project Hajar, a joint initiative by 44.01 and Aircapture, has been named the strongest performer in the Air category of the XPRIZE Carbon Removal competition, earning a \$1 million award. The proj...
BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV’s wholly-owned...
Microsoft Expands World’s Largest Carbon Removal Deal with Stockholm Exergi to 5M Tonnes
World’s largest annual CDR delivery deal: Microsoft'’s expanded agreement now totals 5.08M tons, with 500,000 tons captured annually. $1.3B BECCS facility operational by 2028: Stockholm Exergi’s p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.