The National Enhanced Oil Recovery Initiative (NEORI) recognizes Governor Steve Bullock for his leadership and support for deployment of carbon capture, use, and storage (CCUS) in Montana. Governor Bullock recently released Montana’s Energy Future blueprint, which identifies CCUS as a priority and calls for more support and incentives for its deployment, including tax credits and loan guarantees. Forward-looking state energy blueprints such as Montana’s help make the case for a comprehensive approach to advancing low and zero emission energy technologies that includes CCUS.

The industry, labor, environmental, and state participants in the NEORI coalition support state and federal policies to lower economic barriers to capturing carbon dioxide from power plants and industrial facilities for use in enhanced oil recovery (CO2-EOR).  They will continue to work on a bipartisan basis with Governor Bullock, his colleagues in the Western Governors’ Association, and state officials nationally to advance state and federal policies that will increase American oil production, create jobs and economic growth, deploy innovative carbon capture technologies, and safely store CO2 underground.

 

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NEORI Applauds Intro of Carbon Capture Incentive Legislation in the U.S. Senate

July 13, 2016

For Immediate Release                                                    Contact: Ben Finzel, 202-277-6286 July 13, 2016                                         […]

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NEORI statement on tax package in FAA reauthorization bill

April 14, 2016

On Tuesday, April 12, the National Enhanced Oil Recovery Initiative (NEORI) released the following statement following news reports related to action on the Senate FAA Reauthorization bill. “Members of the National Enhanced Oil Recovery Initiative (NEORI) are concerned about reports that the tax title of the Federal Aviation Administration reauthorization legislation may be withdrawn in the […]

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Press Release: NEORI and CURC Welcome Bipartisan House Bill to Improve 45Q Tax Credit

February 25, 2016

Diverse Coalition Hails Introduction of Carbon Capture, Utilization and Storage Incentive Bill Legislation Introduced in the U.S. House by Representative Mike Conaway Would Extend and Revise the 45Q Tax Credit February 25, 2016 – Federal legislation to spur commercial deployment of technologies to capture carbon dioxide emissions from power plants and industrial facilities for use in […]

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Press Release: NEORI Lauds Utility Commissioners’ Resolution and Growing State Support for Federal Action on CO2-EOR

February 19, 2016

The board of directors of the leading national group of state utility commissioners unanimously passed a resolution this week strongly urging federal and state action to support deployment of carbon dioxide capture technology at power plants and use of that CO2 in enhanced oil recovery (CO2-EOR) and the National Enhanced Oil Recovery Initiative (NEORI) lauds […]

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NEORI, others welcome steps to improve existing incentive

February 4, 2016

The National Enhanced Oil Recovery Initiative (NEORI)’s industry, environmental, labor, and state representatives joined with others in calling for Congress to permanently extend the existing Section 45Q Tax Credit for Carbon Sequestration. In a letter to the House Ways and Means Committee, a diverse group of stakeholders called for Congressional leaders to consider a proposal […]

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NEORI applauds introduction of bipartisan private activity bond legislation

November 19, 2015

The National Enhanced Oil Recovery Initiative (NEORI) recognizes U.S. Senators Michael Bennet and Rob Portman for their leadership and support for deployment of carbon capture technologies at power plants and industrial facilities. NEORI thanks the Senators for their introduction of legislation to authorize private activity bonds (PABs) for carbon capture projects. Access to tax-exempt private […]

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NEORI Welcomes SSEB Resolution

October 23, 2015

NEORI Welcomes SSEB Resolution The National Enhanced Oil Recovery Initiative (NEORI) applauds the Southern States Energy Board (SSEB) for its adoption of 6.0215 – Resolution Supporting Carbon Capture and Storage and Enhanced Oil Recovery, recognizing the economic and environmental benefits of carbon dioxide enhanced oil recovery (CO2-EOR) and calling for the President and Congress to […]

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NEORI Welcomes Western Governors’ Resolution

June 26, 2015

The National Enhanced Oil Recovery Initiative (NEORI) applauds Western Governors for their adoption yesterday of Western Governors’ Association (WGA) Policy Resolution 2015-06, recognizing the economic and environmental benefits of carbon dioxide enhanced oil recovery (CO2-EOR) and calling for the President and Congress to provide incentives for capturing CO2 from power plants and industrial facilities for […]

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NEORI Welcomes Launch of Bipartisan Congressional CO2-EOR Caucus

March 18, 2015

The National Enhanced Oil Recovery Initiative (NEORI) applauds the launch of the Congressional Carbon Dioxide Enhanced Oil Recovery (CO2-EOR) Caucus in the U.S. House of Representatives. Reps. Michael Conaway (R-TX), Gregg Harper (R-MS), and Marc Veasey (D-TX) will serve as Caucus co-chairs and released the following joint press statement announcing the formation of the Caucus: U.S. […]

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