Carbon Capture Coalition Statement on DOE Announcement of Regional Hydrogen Hub Awardees
October 13, 2023 | News
This statement on President Biden’s announcement today on Hydrogen Hubs may be attributed to Jessie Stolark, Executive Director of the Carbon Capture Coalition:
“A diverse set of climate-focused solutions, including the full suite of carbon management technologies, will be needed to decarbonize the American economy and reach ambitious 2030 greenhouse gas emissions reduction targets. Today’s announcement from DOE, which is part of the broader slate of historic clean energy investments made by the Bipartisan Infrastructure Law, is an encouraging step toward meeting our climate obligations while promoting American energy security.”
“As the national organization working to enact and implement federal policies to deploy carbon management technologies economywide to meet net-zero emissions and midcentury climate goals, the Coalition is focused on supporting federal policies and regulatory efforts that will spur the deployment of the full suite of carbon management technologies, including carbon capture at industrial and power facilities, direct air capture, reuse and storage. The Coalition does not work specifically on policies aimed at supporting the production of hydrogen, though it recognizes that carbon management can be an enabler of low-cost, low-carbon hydrogen production for end-use in industrial processes or production of the basic building blocks of modern society.”
“Now nearly two years after the Bipartisan Infrastructure Law was enacted, we’ve seen DOE announce the availability of nearly $9 billion of the $12.1 billion in federal funding allocated to the demonstration and deployment of carbon management technologies, spanning carbon capture, removal, reuse, and storage. We look forward to DOE continuing to make funding available under these programs, as we urgently need to further demonstrate, reduce costs of deployment, and make carbon management technologies available economywide in order to meet 2030 deployment goals and keep 2050 emissions and temperature targets within reach.”
The Carbon Capture Coalition is a nonpartisan collaboration of more than 100 companies, unions, conservation and environmental policy organizations, building federal policy support to enable economywide, commercial scale deployment of carbon management technologies. This includes carbon capture, removal, transport, reuse, and storage from industrial facilities, power plants, and ambient air. Members of the Coalition work together to advocate for the full portfolio of policies required to commercialize a domestic carbon management sector and inform policymakers as well as stakeholders on the essential role this suite of technologies must play in achieving these shared objectives.