Energy Tomorrow Blog
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.
John D. Siciliano
Posted April 30, 2021
No larger than the width of a human hair, advanced-technology carbon nanotubes have the potential to be a game-changer in efforts to meet the global climate challenge. From CO2 captured from natural gas and oil production, and other emitting sources, nanotubes may be the building blocks for the next generation of low-carbon materials and carbon-neutral technologies.
Nanotubes are an example of the kinds of technologies API’s new Climate Action Framework seeks to advance as a key element in reducing emissions while our industry meets the world’s growing demand for energy. …
Technologies can help reduce emissions resulting in meaningful climate progress. They can significantly shape the climate discussion and engagement with policymakers.
Posted April 22, 2021
As the White House hosts the Leaders Summit on Climate, it’s important to reiterate the natural gas and oil industry’s commitment to address the climate challenge while also supplying the affordable, reliable energy our country counts on every day. Industry’s goal is to engage with President Biden and Congress on those parallel priorities.
Meeting the climate/energy challenge is at the heart of API’s Climate Action Framework – with an emphasis on “action.” Americans, as seen in new polling, expect our nation to tackle both in a workable, common-sense manner, and the framework details just such a plan of action – from endorsing a government price on carbon to carbon capture, utilization and storage (CCUS), methane regulation and more.
Key in the Climate Action Framework is accelerating technologies and innovation, such as CCUS, to support global leaders’ goal of meeting the world’s growing need for energy while also advancing a lower-carbon future.
Posted April 22, 2021
This year, efforts to advance environmental progress and economic growth feel more urgent than ever. America’s post-pandemic recovery requires energy for transportation and everyday use, and our long-term climate goals demand immediate action to reduce greenhouse gas emissions worldwide.
These dual challenges are complex but not incompatible, and with the flexibility and scope of an economywide approach, the U.S. can deliver lasting solutions for sustainable human development.
API’s recently released Climate Action Framework establishes a roadmap for public policies and industry initiatives that can accelerate economy-wide emissions reductions, while expanding access to affordable, reliable energy. America has a strong track record of climate leadership, and with ongoing investment in technological innovations and a commitment to collaboration, we can achieve meaningful results.
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.
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.
Posted February 3, 2021
Young professionals in the natural gas and oil industry know how far the sector has come over the past few decades, in terms of energy expansion and environmental protection, and they see the endless possibilities for continued progress. These industry employees are confident that America’s energy future will be built on affordable, reliable and ever-cleaner fuels, and they hope to make lasting contributions in their communities.
The views of industry Millennials were highlighted at last month’s State of American Energy event, which featured a roundtable conversation with them. The seven young professionals are employed at companies representing a cross-section of the natural gas and oil industry, and their insights reflect the sector’s ongoing progress and the optimistic vision for a cost-effective, sustainable energy future.
Posted October 27, 2020
With a high-tech workforce and a future-focused approach, America’s natural gas and oil industry is delivering on its commitment to sustainability and climate solutions. Energy operators are continuously improving environmental performance and working to lower greenhouse gas emissions – and groundbreaking technologies are making the difference.
API member companies are driving research and development on innovative concepts, like carbon capture, utilization and storage (CCUS), and industry leaders are collaborating to address emissions of methane and volatile organic compounds in America’s largest energy producing regions.
Since 2017, The Environmental Partnership has provided leadership on industry-driven efforts to tackle the dual challenges of supplying affordable, reliable energy while making significant environmental progress. The program encourages the phase out of high-bleed, gas-driven pneumatic controller use to mitigate methane emissions in natural gas production.
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.
John D. Siciliano
Posted September 11, 2020
New groundbreaking technologies to keep carbon dioxide out of the atmosphere provide a glimpse of what could very well be the next big breakthrough for the natural gas and oil industry.
New technologies have the power to change the impossible to possible. We’ve long argued that industry’s ability to innovate and develop new technologies – including game-changers such as fracking – are key to our energy future. But such technological breakthroughs have been underestimated in the past, and aren’t always reflected in formal projections that are based on what is currently known and available.
Just imagine a natural gas power plant that emits zero CO2 emissions. The first preliminary tests on just such a power plant were conducted two years ago by a collaboration led by the company Net Power. The tests were so promising that the plant made it into the MIT Technology Review’s list of the top 10 breakthrough technologies.