Policy Studies Federal Government Affairs

Reducing Regulatory Barriers to Carbon Capture Investment

by William Murray

June 12, 2019

Key Points

The technology to dramatically lower global warming risks already exists, but regulatory barriers created by the EPA significantly undermine the roll-out of these technologies.

CCS technology has been working in the field since the early 1970s, but it lacks a clear path to deployment.

By the end of 2018, there were 23 large-scale CCS facilities in operations or under construction around the world. However, Royal Dutch Shell estimates the world will need 10,000 such facilities by 2070 to properly contain the emissions threat.

Over regulation of drilling rules has created a chilling effect on CCS investment and in light of this, a regulatory exemption regarding a specific portion of the Safe Drinking Water Act’s Underground Injection Control (UIC) rules would likely guarantee new demand for drilling permits.

Press release: R Street Policy Study No. 174: Reducing Regulatory Barriers to Carbon Capture Investment

Featured Publications

Policy Studies AI Security, Artificial Intelligence, Cybersecurity Policy, Technology and Innovation

Reducing Regulatory Barriers to Carbon Capture Investment

Key Points

Featured Publications

Mapping the Open-Source AI Debate: Cybersecurity Implications and Policy Priorities

How Harm Reduction Prevents Syringe Litter

R Sheet On Coercive Treatment for Drug Use

Rebuilding the Force: Solving Policing’s Workforce Emergency

Leveraging AI and Emerging Technology to Enhance Data Privacy and Security

Effective Practices for Syringe Services Programs

Medication for Opioid Use Disorder (MOUD) During Pregnancy

The Journey to Reducing Harms Related to Tobacco Use in India

Over-regulation Creates More Problems Than It Solves: Bans in New York

Over-regulation Creates More Problems Than It Solves: Flavor Bans in Massachusetts