BHP is a global resources company, headquartered in Melbourne, Australia. CarbonFree Fortuitous and ECR International recently announced their participation in a new consortium that will find ways to use more captured carbon dioxide (CO2). The overarching goal of this initiative is to significantly increase the consumption of CO2 across a range of industrial processes. Simultaneously, it addresses the negative environmental impacts associated with greenhouse gas emissions.
The new consortium will evaluate various applications for captured CO2, including its future transportation and storage. BHP is particularly interested in two primary methods of transporting the captured CO2: via pipeline and through shipping. This dual approach is intended to provide the greatest flexibility and efficiency in transporting the CO2 to approved storage locations.
Potential injection sites for the captured CO2 reside both onshore and offshore in Asia and Northern Australia. By identifying suitable sites, BHP aims to create a robust infrastructure for long-term storage solutions, contributing to its commitment to sustainability and climate change mitigation.
BHP’s decision to collaborate with the consortium is a testament to its forward-looking approach to addressing the complex challenges facing the world, including climate change. The company’s leaders recognize that creating carbon capture and storage strategies that work is necessary and long overdue. Together, these strategies can cut the climate pollution from our industrial worksites in half.
The move to develop applications for captured CO2 dovetails with BHP’s larger sustainability aims. Through the initiative, the company seeks to use its expertise and assets from the mining industry to make a net benefit on the environment. By investing in this project, BHP not only addresses regulatory pressures but positions itself as a leader in sustainable industrial practices.
A view of BHP’s logo, prominently displayed at its headquarters in Melbourne, symbolizes the company’s commitment to innovation and environmental stewardship. This initiative is a meaningful move toward BHP’s long-term efforts to bring sustainability into the very center of its business.