The Port of Corpus Christi is awarded $16.4 million to capture carbon
The U.S. Department of Energy’s Carbon Storage Assurance Facility Enterprise (CarbonSAFE) has awarded $16.4 million to the Port of Corpus Christi to evaluate the economic and technical feasibility of permanently storing captured carbon dioxide (CO2) from industrial operations.
The grants aim to prevent CO2 emissions from increasing global warming by accelerating the development of a centralized solution to capture and manage CO2 emissions. The port’s two supported projects involve the geologic data collection in two strategic locations: one is onshore under port territory and the other is at state-owned offshore tracts. Each of these carbon capture projects aims to store at least 50 million metric tons of CO2 over the next 30 years.
The Port of Corpus Christi received the largest total award of those announced by the DoE and was the only recipient of CarbonSAFE funding in the State of Texas.