In partnership with BKV Corporation, Verde CO2 CCS identifies, evaluates, and develops carbon capture and sequestration (CCS) projects across the United States.
FREMONT, CA: “BKV is leading the energy industry by executing actionable carbon sequestration projects to address climate change. Verde could not be more excited to be partnering with BKV,” says Charles Fridge, Chairman & CEO of Verde. “Verde has been at the forefront of the carbon capture and sequestration industry for several years and offers a real-world solution to meeting our carbon reduction goals.” Verde CO2 CCS, a leader in carbon capture, transmission, storage, and monitoring, has partnered with BKV Corporation to identify, evaluate, and develop carbon capture and sequestration (CCS) projects across the United States. Large industrial point sources will be decarbonized through carbon capture and permanent sequestration.
“Our team’s expertise in the capture, transport, geology, reservoir and sequestration sets the industry standard. This new BKVerde venture will further our shared goals of advancing environmental stewardship and achieving net-zero, if not net-positive, carbon reduction technology across all value chains. It’s an exciting time to be such an active leader in the carbon capture and sequestration industry. We could not ask for a better collaborator than BKV in this venture, ” adds Fridge.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
BKV dCarbon Ventures will prioritize the permanent sequestration of emissions from point sources in Texas, Louisiana, and California. The main criteria for evaluating a CCUS project are regulatory, social, and environmental.
“When these three pillars intersect, we can make CCUS both feasible and profitable,” states Lauren Read, Vice President of dCarbon Ventures at BKV. “We are incredibly passionate in our belief that CCUS can help cut global emissions and address climate change, and by enlisting Verde’s help, we are going to prove that low-impact, sustainable energy can be achieved.”