The world’s largest carbon capture plant, built 13 years ago, was sold off for a fraction of its cost.

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The plant never operated at more than a third of its total capacity in its 13 years since being built.

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.

 

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justthenews.com/politics-policy/energy/worlds-biggest-carbon-capture-plant-quietly-sold-fraction-what-it-cost-build

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