Carbon Capture Coalition Commends Senate Introduction of the EFFECT Act

The Carbon Capture Coalition commends the introduction in the U.S. Senate today of the Enhancing Fossil Fuel Energy Carbon Technology (EFFECT) Act. The legislation was introduced by Senators Joe Manchin (D-WV), Lisa Murkowski (R-AK), Shelley Moore Capito (R-WV), Kevin Cramer (R-ND) and Steve Daines (R-MT). Coalition co-directors Jeff Bobeck and Brad Crabtree issued the following statement:

“The Carbon Capture Coalition applauds the introduction of the Enhancing Fossil Fuel Energy Carbon Technology (EFFECT) Act to expand and retool the Department of Energy’s fossil energy research, development and demonstration (RD&D) objectives and programs as vitally important legislation to help meet the challenge of reducing our nation’s carbon emissions and sustaining U.S. global leadership in carbon capture, utilization, storage and removal technologies.

“The most recent report from the Intergovernmental Panel on Climate Change (IPCC) found that if global emissions reductions goals are to be met, investments in low-carbon energy technology and energy efficiency will need to increase by roughly a factor of five by 2050, compared to 2015 levels. The EFFECT Act responds to this challenge by authorizing five new programs to develop transformational technologies, including research and development, large-scale pilot projects, demonstration projects, and front-end engineering and design.
These investments in the development and demonstration of transformational carbon capture, utilization, storage and removal technologies will be a critical component of driving down costs to accelerate commercial deployment, just as previous federal RD&D investments have helped accomplish with other low and zero-carbon energy technologies.

“The Coalition commends Senators Manchin, Murkowski, Capito, Cramer and Daines for their bipartisan leadership in introducing this legislation. We look forward to working with Congress to enact this urgently needed expansion of federal investment in carbon capture, utilization, storage and removal to bring down emissions, foster job creation and promote business opportunities in the management and beneficial use of carbon.”