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Daily on Energy: Carbon capture industry sees huge boost within reach


Daily on Energy: Carbon capture industry sees huge boost within reach
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THE PROMISE FOR CARBON CAPTURE: A top advocate of carbon capture, removal, and storage technologies says President
Joe Biden’s infrastructure plan could offer the industry the long-term certainty it needs to take off.
Biden is outlining the first comprehensive agenda that would both support carbon capture project deployment and finance the buildout of the pipelines needed to carry captured carbon dioxide to where it can be stored underground. ....

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Oxy CEO opposes carbon tax plans, in contrast to API and rival operators


Oxy CEO opposes carbon tax plans, in contrast to API and rival operators
By Kevin Crowley on 4/6/2021
Occidental Petroleum Corp. CEO Vicki Hollub
HOUSTON (Bloomberg) Occidental Petroleum Corp. split with some of its larger rivals in rejecting a U.S. carbon tax, preferring the existing system of tax credits designed to encourage oil companies to store carbon dioxide and reduce emissions.
“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint,” Occidental Chief Executive Officer Vicki Hollub said at a conference hosted by Texas Independent Producers & Royalty Owners Association Tuesday. “A carbon tax is not what we’re pushing at all.” ....

United States , Kevin Crowley , Vicki Hollub , Exxon Mobil Corp , Texas Independent Producers Royalty Owners Association , American Petroleum Institute , Occidental Petroleum Corp , Occidental Petroleum , Chief Executive Officer Vicki Hollub , Texas Independent Producers , Royalty Owners Association , ஒன்றுபட்டது மாநிலங்களில் , கெவின் காகம் , எக்ஸான் மொபில் கார்ப் , டெக்சாஸ் சுயாதீனமான ப்ரொட்யூஸர்ஸ் ராயல்டி ஓநர்ஸ் சங்கம் , அமெரிக்கன் பெட்ரோலியம் நிறுவனம் , தற்செயலானது பெட்ரோலியம் கார்ப் , தற்செயலானது பெட்ரோலியம் , டெக்சாஸ் சுயாதீனமான ப்ரொட்யூஸர்ஸ் , ராயல்டி ஓநர்ஸ் சங்கம் ,

OXY CEO Rejects USA Carbon Tax


Occidental Petroleum Corp. split with some of its larger rivals in rejecting a U.S. carbon tax.
(Bloomberg) Occidental Petroleum Corp. split with some of its larger rivals in rejecting a U.S. carbon tax, preferring the existing system of tax credits designed to encourage oil companies to store carbon dioxide and reduce emissions.
“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint,” Occidental Chief Executive Officer Vicki Hollub said at a conference hosted by Texas Independent Producers & Royalty Owners Association Tuesday. “A carbon tax is not what we’re pushing at all.” ....

United States , Vicki Hollub , Exxon Mobil Corp , Texas Independent Producers Royalty Owners Association , Bloomberg Occidental Petroleum Corp , American Petroleum Institute , Chief Executive Officer Vicki Hollub , Texas Independent Producers , Royalty Owners Association , ஒன்றுபட்டது மாநிலங்களில் , எக்ஸான் மொபில் கார்ப் , டெக்சாஸ் சுயாதீனமான ப்ரொட்யூஸர்ஸ் ராயல்டி ஓநர்ஸ் சங்கம் , ப்ளூம்பெர்க் தற்செயலானது பெட்ரோலியம் கார்ப் , அமெரிக்கன் பெட்ரோலியம் நிறுவனம் , டெக்சாஸ் சுயாதீனமான ப்ரொட்யூஸர்ஸ் , ராயல்டி ஓநர்ஸ் சங்கம் ,

Mixed Reaction from Natural Gas, Oil Industry as $2T Biden Infrastructure Plan Targets Decarbonization, Taxes


Mixed Reaction from Natural Gas, Oil Industry as $2T Biden Infrastructure Plan Targets Decarbonization, Taxes
President Biden’s $2.25 trillion American Jobs Plan has generated mixed reactions from the fossil energy industry, as Biden is asking Congress to raise corporate taxes in order to accelerate the clean energy transition.
The jobs and infrastructure package underscores the “whole-of-government” approach Biden is taking toward climate and energy policy, a shift from previous administrations.
Natural gas and oil industry groups praised the plan’s objectives, such as the expansion of incentives for capturing and storing carbon dioxide (CO2), but said the administration should be clearer about how hydrocarbons fit into Biden’s “Build Back Better” mandate for infrastructure and the economy. ....

United States , West Virginia , Ed Longanecker , Raymond James , Joe Manchin , Pavel Molchanov , Analysts At Clearview Energy Partners , Texas Independent Producers Royalty Owners Association , Raymond James Associates Inc , National Electrical Contractors Association , American Petroleum Institute , Natural Gas Association Of America , President Biden , American Jobs Plan , Interstate Natural Gas Association , Texas Independent Producers , Royalty Owners Association , Clearview Energy Partners , American Rescue Plan , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு வர்ஜீனியா , ரேமஂட் ஜேம்ஸ் , ஓஹோ மஞ்சின் , பாவேள் மொல்சனோவ் , ஆய்வாளர்கள் இல் தெளிவான பார்வை ஆற்றல் கூட்டாளர்கள் , டெக்சாஸ் சுயாதீனமான ப்ரொட்யூஸர்ஸ் ராயல்டி ஓநர்ஸ் சங்கம் ,