IN CASE YOU MISSED IT
Geothermal Added to ClearPath Suite of Technology Platforms
Last week ClearPath published a new section on our website on why we support geothermal and what pieces of legislation we are excited about. Read more in our new Geothermal policy section here.
Dan Goldbeck is a Senior Research Analyst for Regulatory Policy at the American Action Forum also published a geothermal piece this week, “A Look at How Geothermal Fits in the Renewable Energy Puzzle.”
Rep. Dan Crenshaw (R-TX):
It’s Time for Conservatives to Own the Climate-Change Issue
Rep. Dan Crenshaw (R-TX) published an op-ed in National Review this week. Excerpts of his column are below.
“I recently joined House Republican leader Kevin McCarthy in unveiling a proposal that takes existing innovative technologies — ones that have proven to reduce emissions here in the United States — that the U.S. can then market and export to the world. After all, climate change is a global issue, and with global energy demand expected to increase by 25 percent over the next 20 years, there is a distinct need for the U.S. to export cleaner energy sources to the developing world, as well as to the biggest CO2 emitters, such as China and India. Crushing our own economy, as the Green New Deal would have us do, will not stop worldwide growth in emissions or decrease worldwide energy demand…"
“My portion of the plan — called the New Energy Frontier — focuses specifically on carbon capture, a field in which there is already promising innovation..."
“The New Energy Frontier devotes existing funds at the Department of Energy (DOE) to the research, development, and deployment of carbon-capture technology, so that these kinds of innovations may then be scaled up. I also propose creating a new “Carbon Utilization Energy Innovation Hub,” which will exist within DOE for the sole purpose of exploring how we can make carbon dioxide useful…"
“Other parts of the GOP plan include simple improvements to the 45Q tax credit for carbon-capture projects. These would incentivize and reward those in the industry who choose to implement carbon-capture technology.”
Major International CCUS Projects On The Horizon
A consortium of BP, Eni, Equinor, Shell and Total plan to develop an industrial carbon capture, utilization and storage project that includes “transportation and storage system to gather industrial CO2, compress it and store it safely in a reservoir under the North Sea. The transportation and storage infrastructure will encourage new investment in the region from industries that wish to store or use CO2. In addition, a combined cycle gas turbine (CCGT) facility with carbon capture technology will provide low carbon power as a complement to renewable energy sources and underpin the investment in the infrastructure.” Read more
Separately, BP Is planning to build a carbon capture and storage project in Australia which would be the second large CCS facility in the country and one of 20 large projects around the world. Read more
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