Colin Lennard and William L. Troutman
September 27, 2010 view as PDF
Over the past year, climate change legislation has suffered a drawn out, debilitating demise. What began as a fairly comprehensive energy plan in the U.S. House of Representatives, with the American Clean Energy and Security Act (Waxman-Markey) and continued with the American Power Act (Kerry-Lieberman) in the Senate, ended with the Senate leadership’s abandonment of an already-gutted energy bill.
The fact that Congress has been unable to this point to adopt any climate change legislation might be perceived as having a negative impact on the future of carbon capture and sequestration, as both the Waxman-Markey and Kerry-Lieberman bills contained extensive regulations designed to encourage the growth of CCS.
However, a glimpse into the current status of CCS shows that the greenhouse gas reduction strategy is alive, well and potentially impervious to political maneuvering. This may be in part because CCS enjoys the support of members of both political parties and the Obama administration, as well as a number of industry and environmental advocates.
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William L. Troutman