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Carbon capture/CO2 in Texas? Any other landowners been approached?

2,562 Views | 15 Replies | Last: 2 yr ago by Mr. Dubi
Donghorn
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If they are going to throw money at Texas landowners why not take it?!?!

What's the downside risk? Liability?

I have noticed the oil companies pushing advertising on carbon capture.

.. and yes I'm very well aware that Carbon Capture and CO2 storage isn't doing a damn thing to save the planet.
It's all about big oil becoming "Carbon Neutral"
Oil production will never slow down (mainly because its an unlimited resource) and the push for electric vehicles is about control of the population.
I don’t start threads, I end them…
Milwaukees Best Light
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Nice to see you approaching this opportunity with an open mind.
B-1 83
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Unless I miss my guess, Rangelady knows about this. A quick Google search has lots of hits for "Carbon credits for proper grazing". Here's one…..

https://www.agriculture.com/crops/carbon-markets/carbon-market-opportunities-for-ranchers
Being in TexAgs jail changes a man……..no, not really
FamousAgg
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I have trees on my property, I'm doing my part
tamc93
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Link to the King Ranch White Paper https://krirm.tamuk.edu/carbon-credits/

Good article about the process and potential risks.

Personally, it does not sound like much value from the risks to smaller ranches/farms. If you own thousands of acres, maybe.
ttha_aggie_09
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Will be interesting to see the long term viability of these projects. A few have been cancelled (Navigator CO2) and others postponed (Summit Carbon) but many traditional pipeline companies are exploring the feasibility of converting or building lines for CO2 transport. Quite a few sequestration projects are being looked at in Louisiana too.

From a landowner perspective, I would much rather have a CO2 pipeline running through my property than a transmission gas line. Obviously you'd prefer not to have either but the consequences from a CO2 rupture vs a Natural Gas is significantly less - aside from being an asphyxiant and the line usually being much higher pressure (for liquid which is how it will be transported). It's also not currently odorized but that's not that big of deal.

Regardless, pipelines are still an extremely safe method of transportation and the regulations are pretty strict. Most companies do a really good job with keeping product in the pipe and not harming anyone and/or the environment.
WaldoWings
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Everyone could benefit from more carefully grazing their land. Just drive around and you'll see pasture after pasture overstocked - many eaten to the bare ground. So just the thought of it doesn't sound bad, but the thought of getting into a contract with a company…. eh,I don't know about that.
Furlock Bones
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Quote:

A few have been cancelled (Navigator CO2)

Navigator was cancelled due to the fact that each state has their own control over the pipeline permitting process versus having FERC be involved from the federal side. There is still a lot to be worked out when it comes to CO2 transport. I think Tallgrass is looking at converting one of their existing gas lines to CO2 transport. Which immediately makes it more viable as they do not have to deal with obtaining the route.

I am unsure how Texas will handle it. I am guessing it will fall under under the Texas RRC.

Quote:

higher pressure (for liquid which is how it will be transported).

also, I think Tallgrass's line will not be liquid phase.
ttha_aggie_09
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Navigator also faced a bunch of political opposition...

I saw that this week on their Trailblazer pipeline but I doubt it will be gaseous. Almost all of these projects have to be supercritical/liquid for them to be economical, at least that is how it has been explained to me.

Liquid/Supercritical is regulated under 195. Gas is not currently regulated under what would potentially be 192, but there are rumors that it will be before too long under a separate category, perhaps 197...
gkaggie08
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I put my land under a carbon contract. I was already going to move to no till on the cultivates acres, so I figured might as well get a little extra money for it. Contract was a no brainer for a landowner at the time and piss poor for the carbon company.

They were a start up with a very deep pocketed financier and a flawed business model. I'll take that check to the bank
evestor1
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tallgrass thinks they are going to blitz into summits game before summit even orders pipe.


On the topic of safety. I am very interested in hydrogen transmission like a few have planned. We are working on some materials R&D for one long range hydrogen line right now. I would not want that anywhere near my house!
Kurt Gowdy
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I've been negotiating a deal for almost a year at this point.

They're wanting to inject a lot of tons of carbon on us.

I'd be happy to discuss what I can via PM.
B-1 83
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gkaggie08 said:

I put my land under a carbon contract. I was already going to move to no till on the cultivates acres, so I figured might as well get a little extra money for it. Contract was a no brainer for a landowner at the time and piss poor for the carbon company.

They were a start up with a very deep pocketed financier and a flawed business model. I'll take that check to the bank
Now stack some EQIP money on top of that…….
Being in TexAgs jail changes a man……..no, not really
rangelady
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B-1 83 said:

Unless I miss my guess, Rangelady knows about this. A quick Google search has lots of hits for "Carbon credits for proper grazing". Here's one…..

https://www.agriculture.com/crops/carbon-markets/carbon-market-opportunities-for-ranchers


Sorry for the delay.....Rangelady had eye surgery! Reading a screen has been a struggle.
Lots of snake oil salesmen in the marketplace now. I am far more versed in carbon capture in the soil than carbon storage, I have experience with actual contracts (bad ones) and getting them cancelled. Personal experience. I manage three large Rance's for a family. The majority owner signed up his own 15K acres and was afraid to admit it to me. With the right attorney, we were out of the contract in a week. Same company had approached me about the places I managed. I laughed at their "management suggestions" and hung up on 'em.

Was part of a coalition of folks (TSCRA, TALT, Texas A&M Agrilife and my outfit, Texas Grazing Land Coalition ) that assembled a landowners guide to carbon contracts almost two years ago. I have worked with attorneys who have crafted some of the best contracts and had attorneys hired to cancel a BAD one that fools signed in large numbers all across Texas. I sat on a panel on this topic last year in Idaho with a Texas A&M Center for Grazing Management's Director and even that biggest snake oil selling company of all. Fun times.

The first line of the OP is the example of how the unknowing are lured in and then realize the pitfalls. If they are lucky, they call an attorney!

And not just any attorney. You need one who understands the science. Or an expert who understands the science.

Basically to get paid for carbon sequestration, you need to change your grazing management drastically in most instances. It all depends upon context: your climate, soils, the potential of the ecosystem.

I might suggest to anyone with questions to visit texasglc.org, look at "resources" for that doc. My email is all over that site as I am the Executive Director. I am happy to advise or direct you to who you need to address your concerns. Please do not sign a contract because someone approached you with a statement like the OP opened with......there are a million traps here. And some good opportunities as well.

Happy to help anyone (no charge! TXGLC is a non profit.)

-Jenny
rangelady
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B-1 83 said:

gkaggie08 said:

I put my land under a carbon contract. I was already going to move to no till on the cultivates acres, so I figured might as well get a little extra money for it. Contract was a no brainer for a landowner at the time and piss poor for the carbon company.

They were a start up with a very deep pocketed financier and a flawed business model. I'll take that check to the bank
Now stack some EQIP money on top of that…….


Some contracts prevent that stacking of EQIP funds or other program finding. The devil is in the details.

And, yes, it is EQIP, not EQUIP.
Mr. Dubi
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I can't help but laugh at the notion of carbon capture. Clear cut a forest to put up a giant energy consuming plant that does what the forest was doing. But then you have to man, fuel, run and manage the plane, and run the pipeline for the gases. Remember how much the greens are against pipelines and want to save the trees?
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