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Summary of the Clean Energy Standard Act of 2012 (S.2146)
This document summarizes the Clean Energy Standard Act of 2012 of the 112th Congress, as introduced by Senator Jeff Bingaman (D-NM) on March 1, 2012. Sec. 1. Short Title. This Act may be cited as the “Clean Energy Standard Act …
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2012 Climate Leadership Conference
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Recommended Modifications to the 45Q Tax Credit for Carbon Dioxide Sequestration
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 …
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CO2 Enhanced Oil Recovery: A Critical Domestic Energy, Economic, and Environmental Opportunity
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 …
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Enhanced Oil Recovery Overview
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 …
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Climate Change Adaptation: What Federal Agencies are Doing
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 …
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An Illustrative Framework for a Clean Energy Standard for the Power Sector
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 …
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Clean Energy Standards: State and Federal Policy Options and Implications
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 …