World’s biggest carbon capture plant quietly sold off for a fraction of what it cost to build it – IOTW Report

World’s biggest carbon capture plant quietly sold off for a fraction of what it cost to build it

JTN – Occidental Petroleum quietly sold off a carbon capture facility – the world’s largest — that was built into a natural gas processing plant in Texas, according to a Bloomberg Green investigation.
The plant, called Century, never operated at more than a third of its capacity since it was built in 2010. According to statements the company made to Bloomberg Green, the technology worked, and the facility continues to operate as designed. read more

15 Comments on World’s biggest carbon capture plant quietly sold off for a fraction of what it cost to build it

  1. It is a money laundering operation, they all are. If you doubt me, just take a look at Al Gore’s real estate portfolio and don’t stop with him. His racket has been used as a template by most of the Republican establishment and Democrats to siphon billions of dollars out of Americans and put them right in their own pockets.

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  2. @Judge Dredd MONDAY, 30 OCTOBER 2023, 11:46 AT 11:46 AM
    Exactly…. Plants take in CO2 and give off O2
    Just what the hell are these morons thinking.
    Bill Gates wants to destroy 71 million trees
    I simply cannot comprehend evilness of these so called humans

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  3. Maybe we need to axe Good ole Monsieur Jean Fraud Gigilo Goodhair, the not-too-swift-boat, medal-tossing, tax-dodging, flip-flopping, arrogant, self-absorbed, hung-like-a-field-mouse, moisturizing-metrosexual, Jihad Coddling, precognitive-Global Warming Meteorologist and Politically Correct, gold-digging, ketchup money-loving, Easter Island fashion model with Churchill Downs Syndrome who is so incompetent he couldn’t pour the piss out of a riding boot if the instructions were written on the heel… since he owns/owned so much in oil and gas stock!

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  4. Now do: corn ethanol as transportation fuel.

    Ruining the Gulf of Mexico, eroding topsoil in the Plains, wasting precious agricultural water, using NG to make fertilizer to grow “renewable fuel” inefficiently….

    but ALL US Senators got rich off that evil scheme.

    “I fart in your general direction.” Capture that, traitors!

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  5. Carbon Capture from all the ethanol plants is a double detriment.
    First, carbon emissions from these plants is a waste because they are not needed.
    Second, ethanol from these plants added to gasoline raises the octane rating and causes a lower BTU. This reduces the combustion cycle and causes more fuel to be burned resulting in fewer miles per gallon. These are pure, simple facts. Adding ethanol to gasoline has always been a Dept. of Agriculture program to boost farmers corn production and not save the planet.

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  6. geoff – Yeah I missed that one (traitor), but I figger as he a member of the National Socialist party itz a foregone conclusion!

    BTW – I didn’t capture his CO2 either 😂

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  7. Harry eyeball,
    Don’t hold it back! Tell us how you REALLY feel about Horseface sKerry. It will do you a world of good therapy.

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  8. So how much taxpayer subsidized this ridiculous waste? Does occidental have to pay that back? And what does a carbon-capture plant run on? Or is it like that Australian EV charging station that is powered by a (continuously running) diesel-powered generator.

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