TOP ENERGY OFFICIALS GATHER TO TALK INNOVATION
U.S. and global energy leaders gathered in Houston for IHS Markit’s CERAWeek, with ramped up discussion on developing the next generation of clean and reliable power.
On a panel with Department of Energy Loan Programs Office Executive Director John Sneed and others, ClearPath Executive Director Rich Powell stressed that one key to financing energy innovation is setting moonshot goals to prioritize efforts.
“We need clear objective goals. We don’t have that right now,” Rich said. “We have a lot of federal programs and funding streams and we’re getting innovative technology out of that. But we aren’t focused on a specific objective where we can train all our resources and effort and come out the other end with the desired technology.”
That focus should crisscross both public and private investments, he said. “We need to establish specific outcomes and then align all the tools and resources of DOE to achieving that outcome.”

Meanwhile, Senate Energy and Natural Resources Chairman Lisa Murkowski (R-Alaska) and ranking member Joe Manchin (D-W.Va.) shared the main stage and gave a plea for bipartisan dialogue on climate change. That, in turn, could lead to “pragmatic solutions” and technologies that can lower carbon and be sensitive and positive for the economy, including carbon capture, advanced nuclear and energy storage, Murkowski said.
Energy Secretary Rick Perry also cited carbon capture and small modular reactor technologies as examples of a “new American energy era” where U.S. energy independence is a reality rather than merely a soundbite. “We need to support more innovation, not less of it,” he said.
CERAWeek also showcased efforts major oil and gas companies are taking. BP CEO Bob Dudley urged lawmakers to spend more on carbon capture technologies to make them more commercially viable. “Our focus has to be on developing an energy system that is cleaner, better and kinder to the planet,” he said.
RELATED READS
What America Needs is a ‘Green Real Deal’ - Former Obama Energy Secretary Ernest Moniz and Former George W. Bush Assistant Energy Secretary Andy Karsner
Meet the GOP Congressman Trying to “Redefine” Climate Narrative - CBS News
The Climate Debate - Rep. John Shimkus in Medium
|