Energy Workforce Senior Director Government Affairs Deidre Kohlrus participated in a panel discussion last week on “Plugging for Carbon Credits” at the Orphan & Idle Wells Texas Conference. The panel discussion focused on calculating, validating and certifying the greenhouse gas emissions removal for orphan and idle wells to gain carbon credits. Kohlrus was joined on the panel by Staci Taruscio, Rebellion Energy Solutions, Oleg Mikhailov, Xplorobot, and Matthew Brooks, Zefiro Methane Corp, with Curtis Shuck, Well Done Foundation, serving as moderator.
During the panel, Kohlrus highlighted the opportunities carbon credits could present for companies participating in orphan well plugging work. “Carbon credits for orphan well plugging is a great way to both incentivize this work in a competitive market and accomplish the overall goal to reduce methane emissions,” Kohlrus said.
Panelists also discussed new technologies in methane detection, challenges and approaches to financing for companies working in the orphan well space, and long-term opportunities from the intersection of a private carbon credit market paired with federal and state programs.
Energy Workforce staff continues to track and update membership on actions surrounding both state and federal orphan-well plugging programs and methane detection activity. If you are interested in Energy Workforce’s advocacy efforts or would like to join the Government Affairs Committee, contact Senior Director Government Affairs, Deidre Kohlrus.
Deidre Almstead Kohlrus, Senior Director Government Affairs, writes about industry-specific policies for the Energy Workforce & Technology Council. Click here to subscribe to the Energy Workforce newsletter, which highlights sector-specific issues, best practices, activities and more.