Texas $1 billion carbon project to curb emissions, up oil recovery

10 Jan 2017   Air Quality, Climate

NRG Energy Inc and JX Nippon Oil & Gas Exploration Corp said on Tuesday they had begun operations at a $1.04 billion carbon capture facility at a Texas coal-fired power plant and were using the emissions to extract crude from a nearby oilfield. The facility, the largest of its kind in the world, is the latest in efforts by the power industry to curb carbon dioxide (CO2) emissions as pressure mounts from regulators, investors and consumers to stem climate change. The carbon capture facility could become a model for CO2 collection at existing power plants in China and India, analysts said. By pumping the […]

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