Gulf of Mexico Carbon Capture Offers One of the Fastest Routes to Net-Zero Ambitions

Gulf of Mexico Carbon Capture Offers One of the Fastest Routes to Net-Zero Ambitions

Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses, released the following statement as the House Natural Resources Subcommittee on Energy and Mineral Resources held a hearing titled “The Opportunities and Risks of Offshore Carbon Storage in the Gulf of Mexico.”

“Carbon capture and storage (CCS) technology is ready and able to help meet our shared environmental goals. Companies across the nation are now capable of providing innovative, rapid approaches to get closer to our net-zero goals without upending our existing energy systems.  This is no longer a vaporware solution that’s not ready to go. It is here now and will help us utilize all our available energy resources – including oil and natural gas – while we push toward net zero,” CEA Chief Operating Officer Andrew Browning said. “More importantly for consumers, the days of talking about policies to intentionally drive up energy prices are now over. We are encouraged to see a bipartisan approach to examining applications for CCS in the Gulf of Mexico, one of our most important national oil and gas assets.”

“Robust Gulf CCS will lower emissions from what is already the least carbon-intensive offshore basin in the world, and increase the opportunities to securely store industrial carbon emissions from across the country.

Click here to read the rest of the statement on the CEA website.

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