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Carbon Sequestration Moves Forward November 23, 2008

Posted by OldGuy in Alternatives.
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Montana’s Big Sky Regional Carbon Sequestration Partnership got a boost this week from the Department of Energy, which agreed to pay $67M toward the project’s $130.6M cost.  The project will store more than 2 million tons of carbon dioxide some 11,000 feet underground.

In earlier studies funded by the partnership, it was estimated that the area could potentially yield more than 3,000 billion metric tons in potential storage capacity.

This is the seventh commercial-scale carbon storage award given so far by the DOE.

source:  ClimateBiz.com

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