Texas fears abandoned carbon capture programs

Texas has seen a surge in interest from companies hoping to remove carbon dioxide by pumping it into wells in the state’s oil fields, putting the state at the forefront of a federally backed program to combat climate change, Reuters reported.

Pumping carbon dioxide into wells could exacerbate the problem of earthquakes and well blowouts that already occur in the state’s oil-producing Permian Basin, where the state struggles to dispose of water from oil and gas drilling, potentially undermining public support.

Removing carbon dioxide is vital to the U.S. government’s goal of reducing emissions that cause global warming.

The Biden administration’s Inflation Reduction Act of 2022, a climate change legislation, includes billions of dollars in subsidies for carbon capture and storage projects.

While President-elect Donald Trump has vowed to destroy the Inflation Reduction Act (IRA), energy experts say subsidies for carbon capture and storage are likely to stick around because of bipartisan support

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