What will be the economic impact of storing large quantities of CO2? Will it create new jobs?
CCS deployment will have a significant impact on economic development for the local communities where the projects exist. We plan to utilize local services and equipment/material providers where possible. On the broader scale, CCS presents the ability to invest in technology-driven capture infrastructure and large-scale transportation and storage networks, which can create both temporary and permanent, local high-paying jobs during the project development, construction, operation, and decommissioning phases. We anticipate sequestration activities would support an estimated 20 – 40 jobs during construction and one to two long-term operations roles.