Rich Powell writes in RealClearEnergy about the need to accelerate permitting for carbon capture.
- Despite increased funding and tax incentives for carbon capture and storage, the technology is being deployed at a remarkably slow rate due to permitting challenges.
- The EPA, which oversees the storage of captured carbon in sites that are called Class VI wells, can grant primacy to states which gives state governments the authority to permit these projects under stricter environmental standards and less federal oversight.
- Several states have applied for primacy, but to date only Wyoming and North Dakota have received this status.
- Federal agencies must modernize permitting to allow private sector to deploy climate-friendly projects like carbon capture and storage at a more efficient rate.
Read the full article here.