A bipartisan group of senators introduced a bill on 11 April to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use.
Introduced by Senate Energy and Natural Resources Committee ranking member Joe Manchin (D-W.Va.), the bill is being hailed as an important step to addressing climate change while not necessarily phasing out fossil fuel use.
“The energy experts who have come before the Senate Committee on Energy and Natural Resources have been clear—fossil fuels are projected to be part of the generation mix through 2040, and likely beyond, and the United States needs to lead in technological innovations designed to reduce carbon emissions,” said Manchin in a statement.
“This is a critical piece of the solution addressing the climate crisis.”
In addition to Manchin, the Enhancing Fossil Fuel Energy Carbon Technology (EFFECT) Act is backed by Republican Sens. Lisa Murkowski (Alaska), Shelly Moore Capito (W.Va.), Kevin Cramer (N.D.) and Steve Daines (Mont.)
Carbon capture has long been an area where Republicans and Democrats have hinted there might be a potential for consensus on climate change.
While GOP senators have long resisted progressive efforts to transition the country away from fossil fuels, some have embraced the idea of carbon capture as an alternative.
Congress last year passed legislation to expand carbon sequestration tax credits to companies.
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
9 - 11 Nov 2019
- Abu Dhabi, UAE
The programme combines expert input, case studies, and immersive scenarios from the E&P and other industries to embed your learning and enable you to progress to the next level of your career.
10 Nov 2019
- Abu Dhabi, United Arab Emirates
Safety Leadership focuses on the ‘Human Factors’ (HF) which complement technical training to optimize reliability, safety, compliance, efficiency and risks within a team-based environment.
This course will help you develop a better understanding of factors that could impact your daily economic decisions as well as establish a new set of applicable tools to use in your professional career.
Through this workshop, attendees will go through the different processes involved in strategic planning including the elements of organizational SWOT, business scenario and options development, elaboration of strategic options and communication to stakeholders.
18 Nov 2019
- Banff, Alberta, Canada
Refine your technical writing skills at this one-day training course
3 Dec 2019
- Cairo, Egypt
Enhance your understanding of process safety techniques by reserving a place at this 1-day training course
11 - 12 Nov 2019
- Golden, Colorado
Engage with experts and attendees to better understand and enhance the best HSE practices for well completions
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2019 Society of Petroleum Engineers, All Rights Reserved.