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2024-02-07 – https://carbonherald.com/u-s-carbon-capture-bill-fails-in-first-committee-voting/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-carbon-capture-bill-fails-in-first-committee-voting - ESGNA

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U.S. legislation targeting carbon capture, specifically focused on geological sequestration, faced a significant setback as a proposed Senate…

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] U.S. Carbon Capture Bill Fails In First Committee Voting Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertisingArchives Archives Select Month February 2024  (39) January 2024  (139) December 2023  (136) November 2023  (169) October 2023  (179) September 2023  (170) August 2023  (144) July 2023  (146) June 2023  (130) May 2023  (112) April 2023  (132) March 2023  (169) February 2023  (123) January 2023  (103) December 2022  (97) November 2022  (128) October 2022  (118) September 2022  (109) August 2022  (64) July 2022  (90) June 2022  (90) May 2022  (92) April 2022  (83) March 2022  (85) February 2022  (74) January 2022  (73) December 2021  (53) November 2021  (95) October 2021  (84) September 2021  (75) August 2021  (60) July 2021  (48) June 2021  (69) May 2021  (36) April 2021  (34) March 2021  (48) WingsWingsSelect CategoryCaptureCarbon AccountingCarbon Capture StocksCarbon MarketsCompaniesDaily BriefDirect Air CaptureHydrogenHydrogen StocksInterviewsInvestmentOpinionPartner ContentPolicyPress ReleaseRemovalScienceStartupsStocksTechnologyUncategorized MetaLog inEntries feedComments feedWordPress.org Carbon Herald Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertising Carbon Herald Latest U.S. Carbon Capture Bill Fails In First Committee Voting EU Publishes Proposals For 2040 Emission Reduction Targets And Industrial Carbon Management Chevron To Use Carbon Capture Technology From Fluor Technip Energies To Join Carbon Centric CO2 Capture Project агреена zurich insurance ZS2 CapturePolicyU.S. Carbon Capture Bill Fails In First Committee VotingbyTheodora StankovaFebruary 7, 20242 minute read Image: rarrarorro/ShutterstockTotal0Shares 0 0 0 0 0 0 0 U.S. legislation targeting carbon capture, specifically focused on geological sequestration, faced a significant setback as a proposed Senate bill failed to advance past the initial committee, New Mexico Political Report reported Wednesday.The bill, SB 215, aimed to establish regulations for carbon sequestration, including determining ownership of pore space where carbon dioxide (CO2) would be stored underground.Sponsored by Sen. William Sharer, R-Farmington, and Rep. Meredith Dixon, D-Albuquerque, the bill was tabled by an 8-1 vote in the Senate Conservation Committee.This follows the recent collapse of a major carbon capture initiative involving the retrofitting of the San Juan Generating Station.While proponents argue for the necessity of carbon capture in combatting climate change, critics like Sen. Joseph Cervantes raised concerns about the bill’s ambition for a short legislative session.Even if it had passed this committee, further amendments were deemed necessary for clearance in the Senate Judiciary Committee.The failure of SB 215 adds to the challenges facing carbon capture efforts, despite increased interest and funding from initiatives like the Bipartisan Infrastructure Law.However, community support remains a significant obstacle, with environmental advocates cautioning against the technology’s efficacy and its potential to prolong reliance on fossil fuels.Relevant: Global CCS Institute Releases New 2023 Carbon Capture ReportDirect air capture, a key component of carbon capture, faces numerous hurdles including high energy requirements and costs.Additionally, concerns were raised during the hearing regarding the potential environmental impacts and the long-term implications for New Mexico’s energy landscape.Sen. Antoinette Sedillo Lopez, D-Albuquerque, expressed reservations about New Mexico becoming a testing ground for unproven technologies, citing past environmental damage caused by industries such as uranium mining and oil extraction.These concerns reflect broader debates surrounding the role of carbon capture in achieving climate goals and its impact on local communities and environments.Read more: New Mexico Carbon Sequestration Bill Moving Forward 0 0 0 carbon capture billgeologic carbon sequestrationSB 215Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment *Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ View Comments (0)Subscribe to Our Weekly Newsletter Get the Latest News About the Carbon Industry Subscribe By checking this box, you confirm that you have read and are agreeing to our terms of use regarding the storage of the data submitted through this form. 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