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New climate deal spurs hopes of more carbon storage projects

Geologist Fred McLaughlin points to lab equipment Aug. 10, 2022, at the University of Wyoming School of Energy Resources in Laramie, Wyo. Researchers use the equipment to study samples from deep rock formations that have potential for storing carbon dioxide underground. New federal tax credits and billions of dollars in new funding are likely to boost such efforts to counter climate change. (AP Photo/Mead Gruver) University of Wyoming School of Energy Resources 3D Visualization Manager Kyle Summerfield demonstrates virtual reality technology Aug. 10, 2022, in Laramie, Wyo. Virtual reality can help scientists and others study computer simulations of storing carbon dioxide underground in northeastern Wyoming. New federal tax credits and billions of dollars in new funding are likely to boost such efforts to counter climate change. (AP Photo/Mead Gruver) Geologist John Jiao looks at computer simulations of how wells could store carbon dioxide underground Aug. 10, 2022, at the University of Wyoming School of Energy Resources in Laramie, Wyo. New federal tax credits and billions of dollars in new funding are likely to boost such efforts to counter climate change. (AP Photo/Mead Gruver) Rock samples taken from an almost 2-mile-deep well drilled in northeastern Wyoming to study the potential for storing carbon dioxide underground are displayed in a University of Wyoming School of Energy Resources lab Aug. 10, 2022, in Laramie, Wyo. New federal tax credits and billions of dollars in new funding are likely to boost such efforts to counter climate change. (AP Photo/Mead Gruver) Geologist Fred McLaughlin examines rock samples Aug. 10, 2022, at the University of Wyoming School of Energy Resources in Laramie, Wyo. The rocks came from wells drilled in northeastern Wyoming to study the potential for storing carbon dioxide underground. New federal tax credits and billions of dollars in new funding are likely to boost such efforts to counter climate change. (AP Photo/Mead Gruver) Basin Electric Power Cooperative’s Dry Fork Station coal-fired power plant, sits in outside Gillette, Wyo., on June 14, 2022. Geologists at the University of Wyoming are studying whether rock layers up to 10,000 feet deep can hold carbon dioxide emitted by the plant. (AP Photo/Mead Gruver) Fred McLaughlin, director of the Center for Economic Geology Research at the University of Wyoming, stands near one of two wells drilled near the Dry Fork Station coal-fired power plant outside Gillette, Wyo., on June 14, 2022. McLaughlin and other researchers are studying whether formations as deep as 10,000 feet can be used to store the power plant’s carbon dioxide emissions. (AP Photo/Mead Gruver)