Carbon Capture Coalition launched to further adoption of CCS

Feb 26 2018

The National Enhanced Oil Recovery Initiative has rebranded as the Carbon Capture Coalition and added new members including Shell and NET Power.

The Coalition is a diverse, non-partisan national coalition dedicated to fostering widespread adoption of carbon capture technologies. Building on growing momentum and political support that culminated in the passage of landmark legislation in Congress earlier this month, the Carbon Capture Coalition becomes the new brand for the six-year-old National Enhanced Oil Recovery Initiative (NEORI). The Coalition will now undertake a more expansive agenda following accomplishment of NEORI’s signature priority, the reform and extension of the federal Section 45Q tax credit for carbon dioxide (CO2) storage.

The Carbon Capture Coalition was announced at a press briefing at the AFL-CIO headquarters in Washington, D.C. that featured speakers and participants from a broad cross-section of energy, environmental, technology, industrial and agricultural interests who advocate for carbon capture technologies.

Speakers included Coalition participants Tom Trotter, Legislative Affairs Representative, AFL-CIO; Jason Grumet, President, Bipartisan Policy Center; Roger Johnson, President, National Farmers Union; Laurel Harmon, Vice President, LanzaTech; Chris Romans, Senior Manager of Government Relations, Mitsubishi Heavy Industries America; Ryan Fitzpatrick, Deputy Director, Clean Energy Program, Third Way; and Roger Ballentine, President, Green Strategies and Board Member, 8 Rivers Capital (an owner of NET Power, LLC). Statements from the speakers are included at the end of the release.

“With congressional passage of the 45Q tax credit, carbon capture policy has become an important part of the national conversation on energy, job creation and emissions reductions,” declared Brad Crabtree, vice president of fossil energy at the Great Plains Institute and one of two co-conveners of the Coalition. “The Carbon Capture Coalition will harness this powerful new incentive by promoting deployment of carbon capture technology nationwide and by continuing to expand support for further policies and strategies to advance this commonsense solution.”

The growing breadth and diversity of support for carbon capture is reflected by the fact that 12 companies and organizations joined three dozen existing NEORI participants today to form the nearly 50 member-strong Carbon Capture Coalition. The new Coalition participants are: Bipartisan Policy Center, Carbon Wrangler, LLC, ClearPath Foundation, EnergyBlue Project, LanzaTech, Mitsubishi Heavy Industries America, National Farmers Union, NET Power, New Steel International, Renewable Fuels Association, Shell and Third Way.

“Building bridges works,” said Bob Perciasepe, President of the Center for Climate and Energy Solutions. “There is bipartisan support for innovation in carbon capture. We can work towards midcentury decarbonization while creating and protecting jobs and opening the door to American leadership in low-carbon technology.”

Going forward, the Coalition will broaden its mission and priorities to include:

  • Enacting complementary federal and state incentives to the revamped 45Q tax credit to attract greater private investment in carbon capture projects, such as tax-exempt private activity bonds and master limited partnerships that are currently available for other energy technologies and infrastructure;
  • Engaging in federal infrastructure policy deliberations in the coming months to ensure that carbon capture and CO2 pipeline infrastructure are part of the equation;
  • Maintaining robust federal support for carbon capture research, development, and demonstration to help bring the next generation of carbon capture technologies into the marketplace; and
  • Working with governors, state policymakers and local stakeholders to support deployment of carbon capture, pipeline infrastructure and CO2 utilization and storage projects in states and regions around the country.

The Coalition launched a new website and the existing @CCSTechFacts Twitter account to share information about carbon capture technologies will become the official account of the Coalition.

Carbon Capture Coalition

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Issue 65 - Sept - Oct 2018

CCS in Canada - CCS Knowledge Centre: large scale CCS ready for 2nd generation .. New heat integration strategy to improve efficiency of a CCS facility .. University of Calgary field research station tests nanoparticles to better monitor subsurface C.....

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