GE's Grand Gorgon Gas Plan

23 October 2009 - 6:00am

GE is going to power the world's largest carbon capture and sequestration project for western Australia, in order to process natural gas from its Gorgon natural gas field.

"At Gorgon, the reservoir CO2 will be compressed and injected into a geological formation that will be sealed by a series of barriers to prevent the migration of the injected CO2 to the surface.

Chevron Australia says the Gorgon carbon capture and storage project will reduce net global greenhouse gases by about 45 million tons per year, the equivalent of removing two-thirds of all vehicles from Australian roads.

The Gorgon project is Australia's biggest single resource project. At peak construction it is projected to generate about 10,000 direct and indirect jobs in the country."

Source: Environment News Service, October 22, 2009
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In short, we’ve seen the last of the cheap oil on which we’ve built our economy, our communities, and our daily lives.