OGCI Climate Investments announces investment in CCS project in Pennsylvania.

OGCI Climate Investments (OGCI CI), a specialist decarbonisation investor has announced an investment in a company developing a 7,000 acre carbon capture and storage (CCS) project in Pennsylvania, USA. The company, KeyState Natural Gas Synthesis is developing a CCS project that could “enable CO2 cluster development to permanently store over 300,000 tons of industrial CO2 per year” according to the statement from OGCI. In addition, Betty Pun, technology principal, process engineering and carbon capture at OGCI Climate Investments, said “Not only does the project deliver emissions reductions directly, but we also see a role for KeyState as a catalyst for CCS hub development in the region.”