Carbon Capture Coalition Statement on DOE Funding Announcement for Carbon Capture Pilot Projects in Four States
February 5, 2024 | News
The following statement may be attributed to Jessie Stolark, Executive Director of the Carbon Capture Coalition:
“We know that continued federal support for carbon management development and deployment across sectors is required to ensure the US meets its energy, environmental, and economic goals; which is why the foundational Bipartisan Infrastructure Law and Inflation Reduction Act provided these technologies with the most forward-looking policy support worldwide. Now, thanks to these two policies, more than 200 projects have been announced across the carbon management supply chain.
“The US Department of Energy’s announcement of up to $304 million in funding for ‘four projects to pilot transformational technologies designed to capture carbon dioxide (CO2) emissions that would otherwise accelerate climate change and jeopardize public health’ is a positive development in the administration’s work to administer the funding provided by the Bipartisan Infrastructure Law. These pilot-scale projects in Kentucky, Mississippi, Texas, and Wyoming will provide additional momentum to ongoing work to develop and deploy large-scale next-generation carbon management projects at industrial and power sites across the country. Additionally, these DOE-selected projects rightly center community engagement and working with labor partners as core components of successful project development.
“The focus of these industrial large-scale pilot projects is important because it signals an ongoing commitment from the federal government to develop and deploy carbon management technologies – from earlier stage research and development to commercial-scale demonstration and eventual economywide deployment. For the US to continue to lead on both clean energy technology development and emissions reductions, we will need to continue to advance carbon capture technologies across industrial, power, and direct air capture, as well as the associated transport, reuse, and storage infrastructure.
“While no one technology can tackle the challenge of climate change on its own, the continued development and deployment of carbon management and other technologies working in tandem will be key to ensuring that we can meet our midcentury climate goals while preserving well-paying jobs, protecting communities and reducing harmful emissions. We welcome this new funding and look forward to continued leadership from the DOE on additional critical funding announcements for carbon management technologies.”
The Carbon Capture Coalition is a nonpartisan collaboration of more than 100 companies, unions, and 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.