Energy Workforce & Technology Council SVP for Government Relations & Counsel Tim Tarpley recently participated on two panels related to carbon capture and sequestration.
During a panel entitled “Policy & Regulation” at the Carbon Intel Forum, Tarpley focused on the role of the energy services sector in implementing CCS, and its future in the industry.
“As CCS technology gets better and more efficient, opposition to it will dwindle and we will see increased overall support,” Tarpley said. “The energy services sector is in the forefront of the development and implementation of CCS and getting the technology to scale.”
Other topics focused on the actions needed to achieve net-zero emissions of greenhouse gases by 2050, how companies can drive the adoption of CCS quickly and in a cost-effective manner, what technology developments are needed to implement CCS more broadly and what government hurdles must be overcome.
Tom Young, Co-Editor, Transition Economist moderated the panel which also included Christina Staib, Global Finance Sector Lead, Global CCS Institute; and Dave Tatum, General Manager for CCUS, Chevron New Energies.
At the U.S. Carbon Capture Forum, Tarpley participated on a panel entitled “CCUS Capital Projects.”
During the panel, Tarpley discussed recently passed legislation, the Inflation Reduction Act (IRA), that expands CCUS funding opportunities and the energy services industry’s role in building out CCUS projects.
“We hear from our companies that the IRA has knocked down the financing hurdle, but we have to build out significant infrastructure to support the broader implementation of CCUS,” he said. “Our companies are able to identify locations for these infrastructure projects to support CCUS and provide the technology to make the process more efficient and cheaper, when the funding and support is available.”
Other topics discussed included the expansion of CCUS hubs around the country and labor and supply chain issues.
Rahki Oli, Global Strategy & Partnerships Development – Low Carbon Business Segment, Flowserve moderated the panel which in addition to Tarpley included Kevin Juno, Director Renewables Investments, Vitol; Dallas Smith, SVP Commercial, Head of LNG & Alternative Fuels, LISCR; Tyler Durham, Chief Development Officer, Navigator CO2 Ventures; and Jason Kraynek, President, Production & Fuels Business Line -Energy Solutions, Flour.
Corry Schiermeyer, Senior Director Communications, writes about governmental 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.