- the background, business focus and functionality of the CO2 hub website creates the platform for a new and sustainable energy sector activity that provides intrinsic value for the Sellers, Buyers and Auxiliary Service Providers who participate in successful transactions on the CO2 Market Floor, as well as economic and environmental benefits for the general public and related government departments.
- Sellers and Buyers are afforded the benefits inherent with choice, either through aggregation of demand - for those desiring to identify potential users and buyers of their generated CO2 volumes, or through aggregation of supply - for those requiring sufficient, consistent and cost-effective supplies of CO2 for enhanced petroleum recovery or related projects.
- Transporters, whether pipelines or trucking services, as well as Auxiliary Service Providers such as compression companies, purifiers and storage providers, will have the ability to respond to new and unique business opportunities.
- as in any true functioning of supply/demand parameters and forces, registered participants will realize the benefits of 'best economics'.
- with the emergence of a CO2 industry within the energy sector, the general public and governments also will benefit... through the identification and production of an enhanced petroleum resource base, the resulting revenues and a cleaner environment.