Colorado-based Carbon America has inked a deal for a project to capture and store about 175,000 tons/year of carbon dioxide (CO2) from the Bridgeport Ethanol LLC production facility in Nebraska.

The figure is equivalent to 95% of total emissions from the facility’s fermentation process, and would have the annual impact of taking 38,043 passenger vehicles off the road, according to Carbon America CEO Brent Lewis.

President Biden’s Inflation Reduction Act of 2022 (IRA), combined with the California Low Carbon Fuel Standard (LCFS) credit, played a crucial role in making the project economically viable, Lewis told NGI. 

[Market Moves: What is affecting the natural gas market today? From the LNG pause to climate goals, get the latest on what is top of mind for the energy...