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- Annotated biliography of recommedned reading on geological sequestration.[PDF]
- The Gulf Coast leads the nation
in emissions: Annual emissions of CO2 in the Gulf Coast region of
Texas, Louisiana and Mississippi has been estimated as approximately
1 billion metric tons CO2 with emissions doubling over 50 years
under business-as-usual.
- The Gulf Coast leads the nation in subsurface storage: 1%
of the total volume of storage in the Gulf Coast could store a century
of emissions of CO2 in the region.
- Texas alone emits 667 million metric tons of CO2 annually.
- Power plants emit more than one-third of the global emissions
of CO2, but the CO2 concentration of these emissions are moderate,
3- to 20%, so that they would have to be separated in order to be
injected economically.
- Some industrial processes such as hydrogen production in
oil refineries produce nearly pure CO2
- The Gulf Coast region has accounted for approximately 16
percent of the U.S. annual CO2 emissions from fossil fuels when
calculated on a basis of fossil fuel consumption.
- The percentage would increase if calculated in terms of
fossil fuel production to approximately 25 percent.
- If CO2-EOR was expand to other suitable Texas fields outside
of the Permian Basin, we have estimated that more than $171 billion
wellhead value, $26 billion in taxes, $498 billion in economic value,
and creation of 3.3 million jobs would be created.
- More than 700,000,000 tons CO2 storage would be a direct
results of maximizing EOR in Texas, which would reduce the amount
released to the atmosphere
- There have been 45 bills submitted in Congress on emission
controls.
- The Regional Greenhouse Gas Initiative, or RGGI, is a cooperative
effort by 10 states from Maine to Maryland to implement a regional
cap-and-trade system to cut CO2 emissions from fossil fuel fired
power plants.
- The Gulf Coast Carbon Center (www.gulfcoastcarbon.org) is
doing research to develop a plan suitable for CO2 reduction and
reuse the Gulf Coast.
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