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Archer-Daniels-Midland Company Message Board

  • riverrat0712 riverrat0712 Jan 6, 2009 3:25 AM Flag

    ADM IN Carbon Sequestration Project

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    • At some point more of the carbon dioxide generated may be collected and liquified for use in the oil industry. Apparently liquid carbon dioxide flood of old oil wells helps recover more oil. There is also work being done on supercritical carbon dioxide as a solvent to recover more oil from the ground. Of course there are economics involving where the carbon dioxide is generated and where it can be used. Also we certainly make more carbon dioxide than we can use.

    • Interesting observation. Regardless of how one feels about the environment, it is not possible to live without having some impact on the environment. The only thing one can do is reduce the foot print on the earth with regard to carbon emission and all other emissions. I had a laugh to myself sometime ago when an environmental scientist was flying around the world warning about carbon dioxide. Flying in a jet plane has got to be one of the biggest carbon emitters one can get. Of course one could argue that by informing people by flying to give lectures etc might have a net reduction in carbon emissions, but even more so if he would stay at home and give the lecture by internet. lol.

    • I am a librarian who is researching Cap and Trade as an investor. I own ADM. Am hoping my countrymen will make wise decisions. I found this truly well-written idea and welcome further discussion.

      Editor’s Note: When the history of the early 21st century is written, it may be the financial health of the global economy was rescued by a new currency, carbon. This new asset class, fungible and tradeable, reinflated the balance sheets of governments and international financial institutions alike, and pulled humanity back from the brink of a worldwide depression. That is the hopeful scenario, and not one to be lightly dismissed.

      The other outcome that may be our legacy, however, will be that just when technology and capitalism were about to deliver prosperity and security to an unprecedented number of people everywhere, and just at the time when what our financial systems needed was to embark on new investment in cost-effective energy and water infrastructure, we instead committed the wealth of humanity to deploying immature energy technologies, and arcane projects of no use and stupefying expense - such as blasting CO2 gas into underground caverns.

      In either case, what historians will definitely wonder about in future centuries is how deeply flawed logic, obscured by shrewd and unrelenting propaganda, actually enabled a coalition of powerful special interests to convince nearly everyone in the world that CO2 from human industry was a dangerous, planet destroying toxin. This could be remembered as the greatest mass delusion in the history of the world - that CO2, the life of plants, was considered for a time to be a deadly poison.

    • Yet if you see then out in public, watch and see they through things on the ground, do gooders are like others they make a mess for someone else to clean up

    • the members of the first united church of orthodox gorebals believe they can save the planet from climate change...what?! that's what the climate does (change) and has been doing from day one!

      this man-made climate change/global warming crap is 100% political; it's more meddling and tinkering and intrusions by big-gov's heavy-handed lefties, who can't even properly take care of their own affairs or keep their own house in order yet believe they are brilliant, all for the sake of the audacious lefty mindset who believe they can control the weather and natural disasters anywhere in the world just by controlling you and your "carbon footprint". (big-gov/lefties are a menace)

      over the last thirty plus years, businesses and consumers have spent hundreds of billions of dollars cleaning up the air (clean air act among other pieces of legislation) and water (clean water act among other pieces of legislation) and we will continue to make improvements. over the years we have turned our cars into rolling laboratories equipped with all kinds of sensors which provide inputs to an on-board computer so it can then adjust the fuel mixture along with a catalytic converter to clean the exhaust. we have done similar things with manufacturing facilities which monitor and control their exhausts into the air and their effluents into the water system(s). we have enough rules and regulations on the books now that there will be a never ending need for file cabinets to store all the associated dead trees and memory banks to store all the communications associated with environmental issues businesses have to keep track of (the full employment act for lawyers is alive and well); we've done a pretty good job of cleaning our air and water but it's now becoming silly...more crap from unelected heavy-handed lefty harassacrats...

      "EPA 'Cow Tax' Could Charge $175 per Dairy Cow to Curb Greenhouse Gases "

      we have all hundreds and hundreds of federal and state laws/regulations/standards regarding the air and water; we are overloaded with such laws...really all these laws are just another ploy to enhance the full employment act for lawyers, ntm, they drive businesses out of business and give anyone second thoughts about starting a business.

      "The challenges of world hunger, access to fresh water, conservation of soil..." these concerns have been around for decades; americans have spent decades of hours dealing with these issues and trillions of their hard-earned bucks to make improvements.

      the last thing we need is to have big-gov lefties forcing us to do anything regarding co2 emissions to save the's a hoax.

      here's an example of big-gov/lefties wreaking havoc...

      >A family have expressed their fury after the death of their disabled 91-year-old mother who 'was forced to take out a second mortgage to foot an unnecessary £16,000 council bill'.

      The family of bed-ridden grandmother Dorothy Hacking blame Thanet Council for 'disgusting treatment' after the pensioner became overstretched trying to pay for work to meet government regulations to reduce CO2 emissions.<

      big-gov/lefties are a menace.

    • I'm not a chemist, but wouldn't planting more corn use up the CO2 just as well?

      • 1 Reply to wilkes71
      • Well corn plants will take up carbon dioxide from the air, but the carbon is only temporarily removed fromt the air and as such is really still pretty much part of the carbon cycle. As soon as the corn is eaten by man or animal or burned as fuel in one way or another, or even decomposes in some process the carbon gets back into the air, as carbon dioxide or i suppose as methane in some cases. Carbon tied up as carbonate rock is taken out of the cycle for many hundreds of years or more. Still trees and plants are large stores of carbon taken out of the air. When i think about it carbon as coal has been out of the carbon cycle for a long time as well, until we burn it for heat etc. Transforming carbon dioxide gas to coal is probably too costly/difficult, i think carbonate rock is easier to make but still at a great cost. Really conservation of fossil fuel by burning less is the best solution.

    • I think ADM is converting to natural gas as they got a city permit to do so. They probably changed their mind due to the low price of nat gas.

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