Introduction The National Enhanced Oil Recovery Initiative (NEORI) recommends that Congress consider implementing a revenue-positive federal production tax credit to support deployment of commercial carbon dioxide (CO2) capture and pipeline projects. A new, more robust federal incentive is needed to …
Introduction Amidst economic uncertainty, fiscal crisis and political division over energy policy, carbon dioxide enhanced oil recovery (CO2-EOR) offers a safe and commercially proven method of domestic oil production that can help the United States simultaneously address three urgent national …
How does CO2-EOR work? CO2-EOR works most commonly by injecting CO2 into already developed oil fields where it mixes with and “releases” additional oil from the formation, thereby freeing it to move to production wells. CO2 is separated from the …
There is a growing consensus that regardless of our efforts to reduce greenhouse gas emissions, significant climate change is unavoidable. Although climate mitigation remains critical, we must also be thinking about and planning for ways to limit the adverse impacts …
This paper describes an illustrative framework for a federal clean energy standard (CES) for the electricity sector. A CES is a type of electricity portfolio standard. Electricity portfolio standards are flexible, market-based policies that typically set requirements for the percentage …
Executive Summary A transition from conventional fossil fueled electricity generation to clean energy offers several benefits—particularly the growth of new clean energy industries and associated jobs, diversification of energy supply, and reductions in the public health and environmental damages (especially …
The United States and other developed countries provide assistance to developing countries to help them reduce greenhouse gas emissions, by protecting forests and deploying clean technologies, and to help them adapt to the impacts of climate change. In FY 2010, …
This document contains our responses to the questions posted by Sens. Bingaman and Murkowski in their recently released white paper on a clean energy standard (CES). Based on the instruction from the Senate Energy and Natural Resources Committee for submittals, …
The United States consumes over 10 million barrels of oil per day moving people and goods on roads and rail throughout the country. Surface transportation generates over 23 percent of U.S. anthropogenic greenhouse gas (GHG) emissions. Transportation is the primary …
In June 2009, the U.S. House of Representatives passed a comprehensive climate and energy bill, the American Clean Energy and Security Act (H.R. 2454). The U.S. Senate has been considering a number of related proposals, ranging from “energy only” bills, …