Washington, D.C. – The National Association of Manufacturers today officially unveiled a new strategic initiative dedicated to the development, deployment and advancement of carbon capture utilization and storage policies and technologies that will support the U.S. manufacturing sector, create jobs and improve the environment. CCUS technologies are critical to reducing carbon dioxide emissions, enhancing U.S. energy security and competitiveness and maintaining U.S. leadership in the development and deployment of new, transformational energy solutions.
The NAM initiative, known as the Energy Advance Center, is led by Executive Director Christopher Romans, formerly a senior government affairs manager with Mitsubishi Heavy Industries in Washington, D.C. Romans brings years of experience and technical capabilities in the CCUS sector.
EAC will lead a multi-faceted effort to educate policymakers and advocate at the federal and state levels on the technical, economic and regulatory issues impacting the widespread deployment of CCUS. EAC expects to further expand its efforts through additional strategic partnerships with other industrial sector groups that seek common sense carbon management policies that are economically and technically feasible.
The EAC will initially focus on the following targeted issues:
• Supporting CCUS incentives that encourage deployment;
• Identifying CCUS barriers and promoting common sense reform;
• Clarifying rules to accessing 45Q tax credits for CCUS projects;
• Promoting CCUS infrastructure development;
• Advocating reforms to the Class VI Underground Injection Control program to provide certainty to project developers and encourage wider use; and
• Support further CCUS research, development and deployment.
“The launch of the Energy Advance Center is yet another example of manufacturers keeping our promise to drive economic growth while building a future with cleaner air and water and a healthier environment,” said NAM Vice President of Energy and Resources Policy Ross Eisenberg. “CCUS is one of the most promising tools to address global climate change, and we’re dedicated to developing this technology here in the U.S.—and to ensuring America continues to lead on this issue. We are excited to launch this new platform and continue to show that strong economic growth and responsible environmental stewardship can go hand in hand.”
Members of the Energy Advance Center include BP, Chevron, ConocoPhillips, Denbury Resources, ExxonMobil, Kinder Morgan, Mitsubishi Heavy Industries America and Southern Company.
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.