Agribusiness major Archer Daniels Midland (ADM) is not looking for oil in this case (although they could hope!) but instead is starting its carbon capture and storage project with its partner Midwest Geological Sequestration Consortium.
According to this article from Herald & Review (via SoyaTech website), workers for the project have started constructing a well that will reach more than 6,500 feet underground. The drilling of the injection well is expected to be completed in late March or early April.
The project is intended to capture carbon dioxide from ADM’s ethanol plant, convert it into liquid and pump it underground for storage before it’s emitted into the atmosphere. The U.S. Department of Energy expects 1 million tons of carbon dioxide from the plant to be injected over a three-year period, beginning in early 2010.
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