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Graham Bain

Leads Enverus Intelligence Research's subsurface group for the energy transition team. Expert in carbon capture, utilization, and sequestration (CCUS).

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Oct 21, 2024 • 30min

The Gulf Coast Is Leading the Race to Trap and Store Emissions from Natural Gas and Oil as Supermajors Bankroll Mega Projects

Graham Bain, an expert in carbon capture, utilization, and sequestration (CCUS), leads Enverus Intelligence Research's subsurface group focused on energy transition. He discusses the ambitious goal of capturing 500 million tons of carbon per year in the U.S., largely funded by supermajors like ExxonMobil and Chevron. Bain highlights the challenges of permitting and public opposition but underscores the Gulf Coast's advantages for these projects. He also examines the economic dynamics of CCUS, including the potential impacts of recent policy changes on carbon pricing.