Coalition Announces Support for Reintroduction of Fossil Energy Research & Development Act
July 2, 2019 | Legislation
Carbon Capture Coalition co-director Brad Crabtree released the following statement of support for the re-introduction of the Fossil Energy Research & Development Act:
“The Carbon Capture Coalition welcomes re-introduction of the Fossil Energy Research & Development Act by Representatives Marc Veasey (D-TX) and David Schweikert (R-AZ), along with Conor Lamb (D-PA), Lizzie Fletcher (D-TX) and Eddie Bernice Johnson (D-TX) This significant legislation will boost funding for carbon capture research and development and direct new research efforts within the federal government aimed at improving carbon dioxide (CO2) storage and use and developing new CO2 utilization technologies.
“Clarifying federal policy to expand support for federal investment in research and development is vital to the continued growth of carbon capture technologies in the marketplace. Federal leadership from the Department of Energy, as required by this legislation, will help drive down the cost of carbon capture technologies and improve their efficacy. Importantly, this legislation provides clear guidance for the Department of Energy’s fossil energy research and development program and reinforces the need for predictable funding, clear direction and the flexibility to adapt to new initiatives..
“The Fossil Energy Research and Development Act is similar to the EFFECT Act introduced in the Senate in April by Senators Joe Manchin (D-WV), Lisa Murkowski (R-AK), Shelley Moore Capito (R-WV), Kevin Cramer (R-ND) and Steve Daines (R-MT). The Coalition has also endorsed this legislation and urged its passage.
“The Fossil Energy Research and Development Act is a key element of the Policy Blueprint released by the Carbon Capture Coalition in May of 2019. The Blueprint outlines a suite of legislative and policy priorities that, if adopted, would dramatically expand and improve carbon capture technologies and significantly boost bipartisan efforts to reduce emissions, create jobs and build the American economy.
“The Coalition strongly supports enactment of the Fossil Energy Research and Development Act and we look forward to swift action on this important energy, economic and environmental legislative priority and will continue to lend our support to its passage.”
The Carbon Capture Coalition brings together over 60 energy, industrial and technology companies, labor unions and environmental, clean energy and agricultural organizations dedicated to fostering the economywide deployment of carbon capture. The Coalition is convened by the Center for Climate and Energy Solutions and the Great Plains Institute.