Kinder Morgan CO2 Business

Kinder Morgan Seeks to Expand CO2 Business in Clean Energy Push

Sergio Chapa, Bloomberg (March 29): Fueled by a push to eliminate GHG emissions, carbon capture and renewable energy projects are sprouting up alongside Kinder Morgan’s massive network of pipelines and the midstream operator sees the potential for new business opportunities. Through a unit launched earlier this month, Kinder Morgan will invest in technology and partner with companies on carbon capture, biofuels, and hydrogen projects. Jesse Arenivas of Kinder Morgan Energy Transition Ventures: “What we’re trying to do is augment and supplement that business and grow that side of the business by capturing, transporting, and providing carbon sequestration services. We see our CO2 business as a growth vehicle, not a dying business.” Link to Content