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Carbon capture projects bring new opportunity for Texas energy

Matt Welch writes in The Midland Reporter-Telegram about the benefits of carbon capture in Texas.

The C3 Take
  • Texas has the potential to lead the country in carbon capture and sequestration (CCS) development should outdated policies and regulations be updated.
  • In addition to the obvious environmental benefits of CCS, the technology represents a $60 billion economic opportunity for Texans, including 18,000 new jobs.
  • CCS development in Texas and the U.S. is being halted by the EPA’s slow and arduous permitting process for carbon storage.
  • To increase CCS in the United States, federal agencies should allow states to permit and oversee carbon capture and storage operations.

“The CCS opportunity in Texas is enormous, and we have the same kind of competitive advantage that Texans have grown used to in our energy sector. The only barriers are bureaucracy and bad policy.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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