Consumer Energy and Environmental Advocate Encourages Efforts to Ensure CCS Industry’s Growth
WASHINGTON, D.C. – Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses, released the following statement as the House Natural Resources Subcommittee on Energy and Mineral Resources held a hearing titled “The Opportunities and Risks of Offshore Carbon Storage in the Gulf of Mexico.”
“Carbon capture and storage (CCS) technology is ready and able to help meet our shared environmental goals. Companies across the nation are now capable of providing innovative, rapid approaches to get closer to our net-zero goals without upending our existing energy systems. This is no longer a vaporware solution that’s not ready to go. It is here now and will help us utilize all our available energy resources – including oil and natural gas – while we push toward net zero,” CEA Chief Operating Officer Andrew Browning said. “More importantly for consumers, the days of talking about policies to intentionally drive up energy prices are now over. We are encouraged to see a bipartisan approach to examining applications for CCS in the Gulf of Mexico, one of our most important national oil and gas assets.”
“Robust Gulf CCS will lower emissions from what is already the least carbon-intensive offshore basin in the world, and increase the opportunities to securely store industrial carbon emissions from across the country. This is a fast route to bolster America’s world-leading environmental stewardship if we take advantage of our natural geologic assets in the Gulf and the existing energy infrastructure network.”
“Carbon capture and storage brings together smart elements of recycling, American technological innovation and environmental ingenuity. We encourage Congress to quickly make sound, bipartisan decisions that spur the CCS industry forward. The industry is ready, and only needs a regulatory framework to get moving.”
About Consumer Energy Alliance
Consumer Energy Alliance (CEA) is the leading voice for sensible energy and environmental policies for consumers, bringing together families, farmers, small businesses, distributors, producers, and manufacturers to support America’s environmentally sustainable energy future. With more than 550,000 members nationwide, we are committed to leading the nation’s dialogue around energy, its critical role in the economy, and how it supports the vital supply chains for the families and businesses that depend on them. CEA works daily to encourage communities across the nation to seek sensible, realistic, and environmentally responsible solutions to meet our nation’s energy needs.