By granting the Texas Railroad Commission the ability to oversee the advancement of...
Texas Railroad Commissioners Wayne Christian and Christi Craddick sign commission final orders after the bi-weekly commissioners' conference, Tuesday, May 23, 2017, in Austin, Texas.Texas must remain a global leader in affordable and reliable energy, but this ambition must also include a commitment to a carbon neutral future and a reduction in the carbon dioxide emissions driving climate change.
There are market and commercial hurdles that stand in the way of advancing the development of CCUS, but a central hurdle is risk in the regulatory process. A long, drawn-out and inefficient regulatory process overseen at the federal level by the Environmental Protection Agency will slow down commercial development — and the capabilities at that federal level provide no greater advantage in achieving the desired permitting result.
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