Liverpool Bay CCS Project Moves to Construction Phase
10 Articles
10 Articles
Taxpayer Liabilities from Carbon Sequestration: Archer Daniels Midland (ADM) Case Study - Taxpayers for Common Sense
Carbon capture and storage (CCS) projects can pose great financial risks for taxpayers, as well as health and safety risks for nearby communities. Leaks at Archer Daniels Midland’s (ADM) sequestration facility—the first commercial sequestration site in the country and a recipient of significant federal subsidies—highlight the potential long-term liabilities and fiscal pitfalls of CCS for taxpayers. ADM’s facility captures CO2 from its Decatur Co…
Eni Picks Saipem for $590M Carbon Capture Project in UK's Liverpool Bay
Italian company Saipem has won a major contract from Eni to help build a new carbon capture and storage (CCS) project off the coast of northern England. The contract is worth about €520 million ($590 million) and is part of the HyNet industrial cluster. It is a major effort to cut emissions in one of the UK’s most carbon-heavy regions and support the country’s net-zero goal. The Liverpool Bay CCS project will capture carbon dioxide (CO2) from in…
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