CCS facts on Capitol Hill
On 15 May 2014 the Global CCS Institute, Atlantic Council and Environmental Nongovernmental Organization (ENGO) Network hosted a Capitol Hill CCS Facts and Policy Forum in Washington DC. Attended by more than 100 CCS stakeholders, the forum addressed the legislative actions and policy incentives needed for commercial deployment of CCS.
The Honorable Heidi Heitkamp, US Senator (D-ND) was the keynote speaker at the forum, after having recently proposed the Advanced Clean Coal Technology Investment in Our Nation (ACCTION) Act. Read more about the bill and Senator Heitkamp’s in an Insight from the Institute’s Diane Teigiser.
Dr Julio Friedmann, Deputy Assistant Secretary of Clean Coal at the U.S. Department of Energy, and panelist at the Forum said CCS is central to Obama’s Climate Action Plan and part of the President’s ‘all of the above’ approach to climate change as a key climate mitigation technology necessary to meet GHG emission reduction targets.
Although CCS is not yet a low cost, turn-key operation, Friedmann predicted it would be by 2030. He cited DOE’s progress in the past 17 years, including 12 large-scale demonstration projects, identified savings that will reduce cost for next-stage projects, international partnerships and the development of best practices. However, Friedmann noted that the technology would need supporting policy, in order to drive down cost, reduce liability, and spur investment in CCS.
The Clean Air Task Force and Natural Resources Defense Council, two key members of the ENGO Network, offered specific policy recommendations to accelerate the commercial deployment of CCS in the Americas, with an emphasis on the United States.
The recommendations reaffirmed their support for CCS as an important and complementary part of a portfolio of low-carbon energy options need to combat climate change. A copy of the recommendations can be found here.