Public-private project to be located next to the National Renewable Energy Laboratory will include net-zero buildings, with NextCore Group contracted as developer.
Estimated $750-million to $950-million project set to be built on an Occidental Petroleum site in Texas would remove 860,000 tons of carbon dioxide a year by capturing it and storing it underground.
The new International Energy Conservation Code provides residential and commercial builders flexibility in making their projects more energy efficient and for the first time includes provisions for electric vehicles and ways to reach net-zero-energy consumption.
BP's plan would result in reducing the company’s emissions to net zero from a current total of 415 million tonnes of CO2 equivalent per year — and could create new work for the AEC industry.
