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Energy Tomorrow Blog

Growing Momentum for Carbon Capture

carbon capture  emission reductions  climate  technology 

Mark Green

Mark Green
Posted July 2, 2021

Carbon capture, utilization and storage (CCUS) is a rarity in Washington: a technology that apparently is liked by just about everyone – Democrats, Republicans and Independents alike. It certainly looks like the future for CCUS – identified in API’s Climate Action Framework as key in addressing the risks of climate change while also developing the energy America needs to grow and be safe – is bright.

That’s the big takeaway from this week’s webinar by Our Energy Policy, a non-profit facilitator of civil dialogue on energy policy issues. Event panelists agreed that CCUS generally and specifically, the 45Q tax credit to spur CCUS projects, has lawmakers on Capitol Hill practically locking arms in support.

Fast-tracking the commercial scale-up of CCUS is a major industry priority, because it allows continued robust natural gas and oil development while simultaneously reducing carbon dioxide associated with that development. 

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'A Turning Point in the National Climate Debate'

climate  api  emission reductions  carbon capture  technology 

Mark Green

Mark Green
Posted March 31, 2021

API’s new Climate Framework touched off predictable reaction from certain circles – ranging from groups that oppose industry’s very existence to others focused on a single aspect of the framework, carbon pricing.

Frankly, API’s action plan speaks to the vast majority of Americans who support commonsense approaches for lowering greenhouse gas emissions and further improving environmental protections – while also providing the energy from natural gas and oil that our country needs to grow and prosper.

Through the Climate Framework our industry is offering substantive leadership on the climate/energy challenge, with the overarching goal of meaningful progress.

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Positioned for Climate Action

climate change  carbon capture  emission reductions  methane emissions 

Mark Green

Mark Green
Posted March 25, 2021

API’s new Climate Action Framework is much more than a list of policies and actions to address the risks of climate change. It’s a values statement, the natural gas and oil industry’s commitment to lead on the twin necessities of cleaner energy and lower greenhouse gas emissions.

We can achieve both. The natural gas and oil industry details in this framework an action plan to get it done, working together with government and other stakeholders. As the plan states in its opening sentences, it’s the opportunity of our time.

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Federal Legislation Supports CCUS as Economy-Wide Climate Solution

ccs technology  carbon capture  carbon dioxide emissions  economic benefits 

John Siciliano

John D. Siciliano
Posted March 1, 2021

The COVID-19 relief and government spending bill passed by Congress in December, the Energy Act of 2020, included an important boost for carbon-capture utilization and storage (CCUS) technology – a must-have as an economy-wide way to address the risks of climate change. ...

 

The natural gas and oil industry, along with groups representing a broad range of industry sectors, have demonstrated continued and growing support for CCUS, and believe the Energy Act of 2020 lends critical support for key research and innovation to reduce the nation’s carbon footprint.

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Why U.S. Natural Gas is Key to Addressing Ambitions of the Paris Agreement

natural gas benefits  climate  carbon capture  emission reductions 

API CEO Mike Sommers

Mike Sommers
Posted January 19, 2021

Addressing the challenge of global climate change will require the collective efforts of the U.S. government and the business community, and America’s natural gas and oil industry is committed – through public policies and private-sector initiatives – to delivering climate solutions.

 

API supports the ambitions of the Paris Climate Agreement, including the call for global action to reduce greenhouse gas emissions. By encouraging the development of groundbreaking technologies, like carbon capture, utilization and storage, and promoting the uptake of cleaner-burning natural gas, our members are driving environmental progress while meeting the world’s long-term energy needs.

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Ready for Recovery: Four Ways We're Tackling Today’s Climate Challenges

climate  emission reductions  the-environmental-partnership  carbon capture 

API CEO Mike Sommers

Mike Sommers
Posted December 14, 2020

From reducing America’s dependence on foreign energy to powering our economic recovery, the U.S. natural gas and oil industry is providing solutions to today’s biggest challenges.

That includes addressing the risks of climate change. Americans do not have to make the false choice between utilizing our nation’s energy resources and protecting the environment. We can do both.

Here are four ways natural gas and oil companies are stepping up.

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Natural Gas Is Integral in Path to Sustainable Future

natural gas  iea  emission reductions  technology  carbon capture 

Mark Green

Mark Green
Posted October 19, 2020

There’s an interesting subplot the International Energy Agency’s (IEA) recent report on the technology push that’s needed to reach sustainability targets: the empowering, essential role of natural gas.

It bears repeating: Abundant, affordable natural gas is critical to the growth of renewable energy, supplying reliable fuel for power generation when intermittent sources aren’t available. Natural gas and petroleum are used in the manufacturing of renewable technologies and in the development of potential game-changers such as hydrogen.

Even if the United States alone were to meet the aggressive sustainability goals of the Paris Climate Agreement, natural gas and oil would still make up 46% of the energy mix in 2040.  Indeed, IEA expects natural gas demand to rebound by almost 3% in the next year, and oil demand should similarly recover within coming years. In another report, IEA indicates that those who herald oil’s demise are doing so prematurely.

Meanwhile, natural gas provides reliable and affordable energy that we will depend on for the foreseeable future. In fact, natural gas will be essential in helping the world reach its sustainability goals.

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100 Days: Industry is Committed to Environmental Protection

100-days  air pollutants  carbon capture  environmental impact  methane emissions  natural gas  ozone 

Mark Green

Mark Green
Posted April 24, 2017

Our industry’s commitment to protecting the environment shows in recent EPA air quality data and other benchmarks. First, look at the downward trajectories in air emissions.

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Technology Moves U.S. Energy Ahead

carbon capture  carbon dioxide emissions  technology  innovation  exxonmobil 

Mark Green

Mark Green
Posted March 18, 2016

It doesn’t get enough notice: The U.S. energy renaissance is a revolution built on advanced technology and the ongoing quest to problem solve.

One of the best examples is hydraulic fracturing, the most important reason the United States leads the world in oil and natural gas production. Industry innovators took a process used for more than 60 years, modernized it and married it with it with advanced horizontal drilling to safely unleash previously inaccessible oil and natural gas reserves from shale and other tight-rock formations. It transformed America’s energy picture from one of scarcity and dependence to one of abundance and greater self-sufficiency.

The moral: When conventional wisdom says something can’t be done, just wait. Necessity, innovation and technology are marvelous at proving conventional wisdom shortsighted or wrong. On advancing new energy technologies to develop oil and gas more efficiently and in ways that are better for the environment, our industry isn’t standing still.


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Storing Carbon

carbon dioxide  co2  emissions  energy tomorrow  carbon capture  carbon storage  co2 emissions  enhanced oil recovery 

Jane Van Ryan

Jane Van Ryan
Posted October 21, 2009

The Weyburn oil field in southern Saskatchewan is the largest greenhouse gas storage facility in Canada. Under a project sponsored by the International Energy Agency, academic institutions and industry partners, the oil field is being injected with carbon dioxide (CO2) piped from a North Dakota coal gasification plant. By injecting CO2 into the oil-bearing rock formation, it's believed that the oil field's life could be extended by 25 years while providing storage for 20 million tons of CO2. 

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