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Company says coal-assisted CCUS can be commercial, offers pilot data and tax-credit pathway for Wyoming
Summary
Carbon GeoCapture presented pilots and technical readiness for a coal-assisted carbon capture, use and storage method that dissolves flue gas in coal seam water to store CO2 and produce coalbed methane; presenter said the approach lowers capture costs and can qualify for 45Q credits and voluntary carbon markets.
John Pope, CEO of Carbon GeoCapture, told the committee his company has piloted a coal-assisted carbon capture, use and storage (CCUS) method in Wyoming and believes the approach can be commercial at scale under current federal tax incentives. "Economical CCUS is now commercially available," Pope told lawmakers, describing a process in which water from unmineable coal seams is circulated, charged with flue gas or CO2, and re-injected so the coal seam absorbs CO2 while freeing natural gas. Pope said that using coal as the sorbent reduces the expensive gas-scrubbing step required in conventional CCS and that the Internal Revenue Service—s 45Q tax credit for carbon sequestration…
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