Louisiana Slams EPA Over Lack Of Urgency On Carbon-project Approvals: Difference between revisions

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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,  [https://evigetir.com/evdeneve/gizlilik.html EVden EvE NakliYAt] according to Louisiana's governor, EVdEn eve nakLiYAT 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 [http://buyaftermarket.ru/2023/03/03/rich-kid-who-never-had-a-paid-job-gets-a-taste-of-the-skint-life-14/ EVdEn eve nAkLiYat] 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 gas-exporter Sempra Infrastructure have proposed Louisiana carbon sequestration projects.<br><br>The state's energy regulator has [https://www.news24.com/news24/search?query=received received] little information from the EPA on the transfer timeline or 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. 18.<br> The governor 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 [https://www.deer-digest.com/?s=Wyoming 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.  In case you beloved this post and you desire to acquire details regarding [https://evigetir.com/gizlilik.html evdEN EvE NakliYaT] kindly pay a visit to the site. 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 &amp; 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>
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 [https://www.tumblr.com/search/oversee%20carbon-reduction 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 [https://evigetir.com/evdeneve/hakkimizda.html eVdEn EVE NAKliYAt] John Bel Edwards said in a letter last month to EPA Administrator [https://evigetir.com/montaj.html EVdeN EVe nakLiyaT] 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 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://jsonrepository.org/index.php/User:USZLottie5 EVDen eVE nAKLiyat] process, a [https://www.blogrollcenter.com/?s=spokesperson 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. 18.<br> The governor requested the EPA's Regan provide an update for [https://taupi.org/index.php?title=Canopy_Growth_Sheds_Assets_In_Canada_Plans_More_Layoffs EVdeN EVe NakLiyAT] 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.  If you have any queries about wherever and how to use [https://evigetir.com/filomuz.html EvDeN Eve nakLiYAt], you can get in touch with us at our own web page. 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 &amp; 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>

Revision as of 00:17, 25 April 2023

By Liz Hampton
Feb 9 (Reuters) - The U.S.
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.
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.

There are dozens of these projects with multi-million dollar price tags proposed by energy firms around the United States.
Developers would benefit from broadening permitting of so-called Class VI carbon capture and sequestration (CCS) wells to states, Louisiana Governor eVdEn EVE NAKliYAt John Bel Edwards said in a letter last month to EPA Administrator EVdeN EVe nakLiyaT Michael Regan seen by Reuters.

The process has lacked clarity and a clear timeline, Edwards wrote.
"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.
Offshore oil producers Talos Energy Inc, Occidental Petroleum Corp and gas-exporter Sempra Infrastructure have proposed Louisiana carbon sequestration projects.

The state's energy regulator has received little information from the EPA on the transfer timeline or EVDen eVE nAKLiyat process, a spokesperson said on Thursday.
"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. 18.
The governor requested the EPA's Regan provide an update for EVdeN EVe NakLiyAT 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.
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.
Edwards' office did not immediately respond to a request for comment.
STRUGGLE FOR PERMIT OVERSIGHT
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.

The administration's sweeping climate bill includes tax credits for building carbon capture projects.
So far, only Wyoming and North Dakota have been granted rights to permit Class VI wells used to permanently store carbon dioxide.
Those states cut the time to issue new permits to just months, compared to years for federal grants.
Texas has taken steps towards gaining oversight over its carbon storage wells. If you have any queries about wherever and how to use EvDeN Eve nakLiYAt, you can get in touch with us at our own web page. A spokesperson for the state's oil and gas regulator did not immediately respond to a request for comment.
Without regulatory certainty "the risk of stranding capital investment dramatically increases," said Bret Sumner, an energy attorney at Beatty & Wozniak.
"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.

(Reporting by Liz Hampton in Denver Editing by Marguerita Choy)