Tag
Enhanced Oil Recovery
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At Last: A First Step on GHGs
Last week, the Administration took a bold step forward to curb greenhouse gas emissions. In a long-anticipated action, EPA proposed new source performance standards (NSPS) for fossil-fueled power plants that would limit emissions from new plants to a rate of 1,000 lbs. of CO2 per megawatt-hour, averaged annually. This level…
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Enhanced Oil Recovery Takes a Big Step Forward
There was some rare bipartisan good news on the Hill this week, with the release of the National Enhanced Oil Recovery Initiative (NEORI) study and policy recommendations. Congressman Mike Conaway (R-TX) joined Senator Kent Conrad (D-ND) for the announcement in the Dirksen Senate Office Building, and three other Senators (Baucus,…
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Geological CO2 storage: Risky Business or Promising Solution?
Worldwide, a staggering 36 billion metric tons of carbon dioxide (CO2) are emitted into the atmosphere each year, with 25% of the total coming from power generation. The good news is: today’s technology can already capture CO2 emissions from fossil energy plants and inject and permanently lock them deep underground…
