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Abstract
Gulf Coast Association of Geological Societies Transactions
Volume 54 (2004)
EXTENDED ABSTRACT: The Gulf Coast
Carbon Center: Carbon Sequestration Opportunities in Geologic Formations
Kim, Eugene M.1, Hovorka, Susan
D.1, and Holtz, Mark H.1
ABSTRACT
For the next several decades, during the transition to a
hydrogen-based economy, fossil fuels will be the dominant source of global
energy. Part of sustaining a fossil-fuel-based economy is to consider options
to mitigate the environmental impacts of greenhouse gas emissions by sequestration
efforts as well as sustain production in areas of declining reserves. Geologic
sequestration of carbon dioxide, a major form of greenhouse gas, is an important
step toward this energy future. The Gulf Coast provides a world-class site
for the implementation of geologic sequestration because of the unique combination
of knowledge, geology, infrastructure and government. Opportunities for
enhanced oil and gas recovery could not only serve as sites for carbon sequestration,
but also could offset the cost of implementing sequestration thus making
it economically viable. While the need or mechanisms for developing a carbon-constrained
world is still an evolving public policy issue, research into the options
is needed now because the Gulf Coast Region could be negatively impacted
by attempts to reduce carbon emissions due to the substantial economic links
to the chemical, refinery and electric power industries. To address these
issues, the Gulf Coast Carbon Center, at the Bureau of Economic Geology,
was formed as an industrial associates program. Major current accomplishments
include characterizing the Gulf Coast region in terms of: (1) major anthropogenic
CO2 sources and (2) geologic formations.
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