Rayonier Announces Pore Space Agreement with Reliant Carbon Capture & Storage Covering Approximately 104,000 Acres
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Rayonier Inc. has entered into a significant pore space easement agreement with Reliant Carbon Capture & Storage, covering 104,000 acres in Alabama. This agreement involves the sequestration of CO2 emissions in subsurface geologic formations.
December 23, 2024 | 9:30 pm
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Rayonier Inc. has partnered with Reliant Carbon Capture & Storage for a pore space agreement covering 104,000 acres in Alabama, focusing on CO2 sequestration.
The agreement with Reliant enhances Rayonier's involvement in carbon capture and storage, a growing field due to environmental concerns. This could positively impact Rayonier's stock by aligning with sustainability trends.
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