January 2025
Carbon Capture/CO2 Mitigation
Monetizing carbon capture, transport and storage
At the time of this publication, Gulf Energy Information’s Global Energy Infrastructure (GEI) database was tracking more than 440 active carbon capture projects around the world. These projects include carbon capture projects, hubs and storage facilities. An alternative market for the captured carbon and subsequent credits are the commitments by companies to reduce overall emissions, or even achieve net-zero operations. Such a company may choose to purchase CO2 removal credits to offset their emissions. These credits can be generated and sold by capturing emitted carbon and permanent sequestration. For either system to work, a digital trail must be accurate for companies to buy and sell carbon, as explained in this work.
The Author
SETH HARRIS is the director of sustainability solutions sales in the Americas for Emerson. He has more than 19 yr of experience with Emerson across multiple industries, various sales functions including product, software and data management, and a personal foundation built on environmental sustainability that brings a unique depth to society’s decarbonization efforts. Harris earned a BS degree in chemical engineering from the University of Colorado.
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