Tuesday, June 26, 2012

Seeking a Profitable Place to Put Captured Carbon

New York Times: Two major oil companies joined by a chemical company and an investment group have invested $9 million in a commercial carbon capture project in Texas that will treat the flue gases from a coal-fired cement kiln and turn them into marketable chemicals. A company hopes to turn a profit through sales of sodium bicarbonate and other chemicals produced from coal-fired flue gases. The $125 million project, to be built in San Antonio with the aid of federal grants totaling $28 million, is intended...

URL: http://green.blogs.nytimes.com/2012/06/25/seeking-a-profitable-place-to-put-captured-carbon/

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