Barnett Shale Launched The Fracking Revolution in America. Barnett Zero Starting a Carbon Sequestering Revolution.  

BKV, a large Natural Gas Producer has officially launched Carbon Capture & Sequester Project. Daily, Barnett Zero can remove enough carbon to offset the emissions of approximately 45,000 automobiles. It's projected to sequester up to 210,000 metric tons of CO2e annually, putting BKV on the path to achieving net zero for all upstream carbon emissions by the early 2030s.  

The company plans to achieve net-zero carbon emissions by the early 2030s. 

Barnett Zero 

Our first purpose-drilled, Class II commercial carbon sequestration well injecting CO2 waste from natural gas processing plants in the United States. With the initial injection, BKV and EnLink will be among the first energy companies to have commercial carbon capture and sequestration operations in the nation. 
 

What is carbon capture, utilization and sequestration? 

Carbon capture, utilization and sequestration (CCUS) is the process of capturing and permanently sequestering carbon dioxide, which reduces the amount of pollutive carbon dioxide in the atmosphere. Our process will involve capturing CO2 before it is released into the atmosphere and then compressing and transporting it via pipeline to sites where it can be injected into underground injection control (“UIC”) wells. 

The company has spent about $60 million on this project and expect to generate $18 million-a-year in IRA subsidies from the government. 

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Source: The Company, OxBridge Research, Daily Stock Deals, PennyStockIQ