Carbon Capture Infrastructure Creates Jobs, Reduces CO2 Emissions
As a member of the National Enhanced Oil Recovery Initiative (NEORI), a coalition of labor, industry and the environmental community, the UWUA is supporting federal incentives for the commercial deployment of carbon capture, use and storage technology (CCUS) as an energy, economic and environmental priority for the nation.
The January start-up of NRG’s Petra Nova carbon capture project validates the need for such support as Americans now can see the first U.S. retrofit of a coal-fired power plant with carbon capture technology. Now the largest of its kind in the world, Petra Nova, located in Thompsons, TX, was constructed with federal support on time and on budget.
NEORI’s most immediate activity is seeking to expand the federal tax credit for carbon dioxide (CO2) sequestration, called the 45Q tax credit. For over 40 years, the U.S. has led the world in CO2 enhanced oil recovery as a way to extract more oil from existing fields, safely store carbon dioxide underground, and reduce emissions.
The Union and NEORI are advocating for investment in CCUS technology as a way to:
• Protect and create high-paying jobs in energy production and other industries;
• Produce billions of barrels of American oil and store billions of tons of CO2;
• Enable continued use of our nation’s abundant oil, coal and natural gas resources;
• Reduce carbon emissions from power generation and industrial activities; and
• Develop the technology and grow a global industry for the nation.
In February, the unusual NEORI coalition of coal, heavy industry, environmental and labor groups, and other partners asked the House Ways and Means Committee leaders to extend and strengthen the 45Q credit for carbon capture technologies as part of any broader tax reform legislation.
“Due to long lead times for construction of such projects, the Section 45Q credit has, for practical purposes, already run out because the lack of financial certainty regarding future availability of credits deters private investment in new commercial [carbon dioxide] capture projects,” the coalition wrote.
A stable, long-term incentive is essential because large, capital intensive CCUS projects take longer to develop, permit, finance and construct than smaller, less capital intensive wind and solar projects.
- President’s Message: Tough Times for Working People
Tough Times for Working People! These are going to be tough times for working people. Regardless of your party affiliation and allegiances, state and national activity point to a rough ride for those of us who get up, go to work, put in an honest day...
- MO Water Local 335 Prepares for “Right-to-Work”
MO Water Local 335 Prepares for “Right-to-Work” While Improving Safety We knew ‘right-to-work’ was going to pass once the new Republican Governor came into office in January,” explains Allan Bathon, president of Missouri Local 335. “We haven’t...
- Water for Life
Water for Life: Members Crucial to Nation’s Health and Well-Being Utility workers in the water and wastewater industries are responsible for delivering safe drinking water and treating wastewater, and are crucial to the health and well-being of the c...
- Carbon Capture Infrastructure Creates Jobs, Reduces CO2 Emissions
Carbon Capture Infrastructure Creates Jobs, Reduces CO2 Emissions As a member of the National Enhanced Oil Recovery Initiative (NEORI), a coalition of labor, industry and the environmental community, the UWUA is supporting federal incentives for the...
- Cleveland Water Workers Join the UWUA
Cleveland Water Workers Join the UWUA In a major organizing victory, Cleveland water workers overwhelmingly voted to join the UWUA late last year and are now preparing to negotiate their first contract as members ofLocal 270. The Cleveland workers so...
- National Vice President’s Report
National Vice President’s Report The History of The American Labor Movement Is One We Should Never Forget Much time has passed since the early days of the labor movement. As such, we can tend to take for granted, not only the labor victories of long...
- Executive Vice President’s Report
Executive Vice President’s Report Join Us at the P4A Conference Our members are the safest, most productive, highest skilled workers in the world. And we are keeping it that way by being the go-to organization for skills and safety training in our in...
- Secretary-Treasurer’s Report
Secretary-Treasurer’s Report Our Union is a Lifeline! What is the value of a union? We, as union members, tend to think wage increases and working conditions are the only reasons for our union. We tend to forget there are many more important as...
- Jan/Feb/Mar 2016
- Jan/Feb/March 2017
- July/Aug/Sept 2016
- Local Spotlight
- Member to Member Campaign
- Oct/Nov/Dec 2016
- Photo Gallery
- Political Action
- Press Releases 2016
- Renewable Energy
- UWUA Convention 2015
- UWUA E-News 2016
- UWUA E-News 2017
- UWUA Training Trust Funds
- Veterans Affairs and Information
- West Virginia Right to Work