Editing Louisiana Slams EPA Over Lack Of Urgency On Carbon-project Approvals
Jump to navigation
Jump to search
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
| Latest revision | Your text | ||
| Line 1: | Line 1: | ||
By Liz Hampton<br> Feb 9 (Reuters) - The U.S.<br>Environmental Protection Agency (EPA) is moving too slowly to allow states to permit and oversee carbon-reduction projects, according to Louisiana's governor, slowing millions of dollars in investments designed to tackle greenhouse gas reduction.<br> Louisiana and other top oil-producing states say they can speed up permitting of carbon sequestration projects if allowed to handle decisions that currently fall under the EPA.<br><br>There are dozens of these projects with multi-million dollar price tags proposed by energy firms around the United States.<br> Developers would benefit from broadening permitting of so-called Class VI carbon capture and sequestration (CCS) wells to states, Louisiana Governor John Bel Edwards said in a letter last month to EPA Administrator Michael Regan seen by Reuters.<br><br>The process has lacked clarity and | By Liz Hampton<br> Feb 9 (Reuters) - The U.S.<br>[https://wideinfo.org/?s=Environmental%20Protection Environmental Protection] Agency (EPA) is moving too slowly to allow states to permit and oversee carbon-reduction projects, according to Louisiana's governor, slowing millions of dollars in investments designed to tackle greenhouse gas reduction.<br> Louisiana and [http://pips.at/phpinfo.php?a%5B%5D=%3Ca+href%3Dhttps%3A%2F%2Fevigetir.com%2Fevdeneve%2Fgizlilik.html%3EkL%3C%2Fa%3E%3Cmeta+http-equiv%3Drefresh+content%3D0%3Burl%3Dhttps%3A%2F%2Fevigetir.com%2Fntpc%2Fform.html+%2F%3E kL] other top oil-producing states say they can speed up permitting of carbon sequestration projects if allowed to handle decisions that currently fall under the EPA.<br><br>There are dozens of these projects with multi-million dollar price tags proposed by energy firms around the United States.<br> Developers would benefit from broadening permitting of so-called Class VI carbon capture and sequestration (CCS) wells to states, Louisiana Governor John Bel Edwards said in a letter last month to EPA Administrator Michael Regan seen by Reuters.<br><br>The process has lacked clarity and a clear timeline, Edwards wrote.<br> "More information on the progress of Louisiana's Class VI application would help encourage potential CCS operators to make firm investment decisions," the governor said.<br> Offshore oil producers Talos Energy Inc, Occidental Petroleum Corp and [http://www.ricefarm.kr/bbs/board.php?bo_table=free&wr_id=8589 kL] gas-exporter Sempra Infrastructure have proposed Louisiana carbon sequestration projects.<br><br>The state's energy regulator has received little information from the EPA on the transfer timeline or [https://evigetir.com/temizlik.html vD] process, a spokesperson said on Thursday.<br> "We are now seeing concepts begin to turn into investment decisions - but a recurring question is if and when Louisiana will receive primacy," or taking over permits and regulation from the EPA, Edwards wrote in a letter dated Jan.Β If you adored this article and you also would like to acquire more info concerning [https://evigetir.com/evdeneve/gizlilik.html kL] i implore you to visit our page. 18.<br> The governor [https://evigetir.com/montaj.html kL] requested the EPA's Regan provide an update for preliminary decisions, the path for its review and when a public comment period might begin. Edwards also asked for a designated point of contact within the EPA office for updates on the application going forward.<br> The EPA said on Thursday it was working on reviewing Louisiana's Class VI primacy application, but did not have a specific timeline for when the review would be complete.<br> Edwards' office did not immediately respond to a request for comment.<br> STRUGGLE FOR PERMIT OVERSIGHT<br> The uncertainty over primacy comes as the Biden administration is pushing for investments in clean energy and lower-carbon fuels to reduce greenhouse gas emissions by 50% by 2030 from 2005 levels.<br><br>The administration's sweeping climate bill includes tax credits for building carbon capture projects.<br> So far, only Wyoming and North Dakota have been granted rights to permit Class VI wells used to permanently store carbon dioxide.<br>Those states cut the time to issue new permits to just months, compared to years for federal grants.<br> Texas has taken steps towards gaining oversight over its carbon storage wells. A spokesperson for the state's oil and gas regulator did not immediately respond to a request for comment.<br> Without regulatory certainty "the risk of stranding capital investment dramatically increases," said Bret Sumner, an energy attorney at Beatty & Wozniak.<br> "States are best suited to manage a Class VI permitting program for carbon storage projects because they have the innate knowledge and experience," he said.<br><br>(Reporting by Liz Hampton in Denver Editing by Marguerita Choy)<br> | ||