Carbon Capture Key to Fast-tracking Energy Transition

Carbon capture technologies such as CCUS offer an opportunity to fast-track the energy transition, but experts say murky regulations in the U.S. are obstructing its path to a zero-carbon economy.

Carbon Capture Key to Fast-tracking Energy Transition

Latshaw Rig #22 drilling Hibernia Resources 3-well “Hartgrove” pad in western Reagan county. (Source: Hibernia Resources LLC)

As interest and the pursuit of decarbonization continues to grow, carbon capture technologies, such as the recently proposed $100 billion carbon storage project by Exxon Mobil Corp., offer a promising avenue to achieving the low-carbon future targeted in the energy transition.

However, regulatory constraints have formed paramount hurdles to the widespread deployment of carbon capture projects such as the use of carbon capture, utilization and sequestration (CCUS), according to experts during a recent United States Energy Association (USEA) webinar.

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Mary Holcomb

Mary Holcomb is an Associate Editor for HartEnergy.com's Digital News Group. She contributes to the company’s technology-based content such as subsea, seismic, digital oilfield, etc.