By Aemetis Inc. | June 23, 2021
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Aemetis Inc., a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced today
that it has opened negotiations for the supply of 1.6 million metric tonnes (MT) per year of CO
2 for carbon capture and sequestration (CCS) to be located at or near the two Aemetis renewable fuels plant sites in Central California near Modesto. It is anticipated that the capacity of each injection well site will be approximately 1 million metric tons per year, for a combined total of 2 million MT of CO
2 sequestration per year.
“The existing California LCFS and IRS 45Q carbon capture and sequestration programs could potentially generate approximately $500 million per year of revenues from injecting a combined 2 million metric tons of CO
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