As CCS will likely require substantial government support, we thought you might be interested to know where presidential candidates stand on the technology. Below are some salient details from their platforms.
Hillary Clinton:
“Hillary [] believes that we need to take swift action to spur the development and deployment of technology and practices that will enable us to capture, store and safely sequester carbon dioxide from coal-fired power plants… Hillary would put immediate funding towards 10 large scale carbon capture and storage projects that utilize a range of coal types, power plant types, and storage locations. She will move quickly to develop the regulatory framework to ensure that carbon sequestration can be done safely and reliably. And she will require all new coal plants to be capable of adding capture and storage technology when it becomes commercially available.”
- Powering America’s Future: Hillary Clinton’s Plan to Address the Energy and Climate Crisis
John McCain:
“I want to improve and make permanent the research and development tax credit… to form the partnerships necessary to build demonstration models of promising new technologies such as … coal gasification [and] carbon capture and storage... I proposed… a market-based approach that would set reasonable caps on carbon and other greenhouse gas emissions, and provide industries with tradable credits. By reducing its emissions, a utility or industrial plant can generate credits it may trade on the open market for a profit, offering a powerful incentive to drive the deployment of new and better energy sources and technologies… for utilities to generate cleaner electricity and capture carbon...”
- John McCain’s remarks as prepared April 23, 2007
Barack Obama:
“Obama believes that the imperative to confront climate change requires that we prevent a new wave of traditional coal facilities in the U.S. and work aggressively to transfer low-carbon coal technologies around the world… As president Obama will significantly increase the resources devoted to the commercialization and deployment of low carbon coal technologies… In addition to addressing new facilities, Obama will work to ensure that existing coal facilities are retrofitted with carbon capture and sequestration technology as soon as it is commercially available. Obama will use whatever policy tools are necessary… standards that ban new traditional coal facilities, to ensure that we move quickly to commercialize and deploy low carbon coal technology.”
-Obama for President: Energy Fact Sheet
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