{"id":38648,"date":"2023-09-01T16:23:29","date_gmt":"2023-09-01T16:23:29","guid":{"rendered":"https:\/\/saperemarketing.com\/clearpath\/?post_type=news&p=38648"},"modified":"2024-11-12T20:01:31","modified_gmt":"2024-11-12T20:01:31","slug":"38648-2","status":"publish","type":"news","link":"https:\/\/saperemarketing.com\/clearpath\/?news=38648-2","title":{"rendered":"Republicans Promote Emissions Reductions, the GOP Way"},"content":{"rendered":"
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Welcome to your weekly Rundown, for the week ending July 26. 
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\n\t\t\t\t\t\t\t\t\t\t\t\tPlease let us know of anything we missed at info@clearpathaction.org<\/span><\/strong><\/a>.
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\n\t\t\t\t\t\t\t\t\t\t\t\tWas this email forwarded to you? Sign up here<\/span><\/strong><\/a>.
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\n\t\t\t\t\t\t\t\t\t\t\t\tAs always, thanks for reading.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t \n\n\t\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\tRich Powell Testimony at House Budget Committee Climate Hearing<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\tThe House Budget Committee held a hearing on Wednesday, July 24 entitled, The Costs of Climate Change: From Coasts to Heartland, Health to Security<\/span><\/strong><\/a>.
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\n\t\t\t\t\t\t\t\t\t\t\t\tWATCH RICH\u2019S TESTIMONY<\/span><\/strong><\/a>
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\n\t\t\t\t\t\t\t\t\t\t\t\tREAD RICH\u2019S TESTIMONY<\/span><\/strong><\/a>
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\n\t\t\t\t\t\t\t\t\t\t\t\tE&E News ClimateWire reported on the hearing with the story Republicans promote emissions reductions, the GOP way<\/span><\/strong><\/a> from Thursday, July 25.
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\n\t\t\t\t\t\t\t\t\t\t\t\tExcerpt:<\/strong> \u201cClimate change is real, and we need to address it. The question is, how do we do that?” Rep. Dan Crenshaw (R-Texas) said. “I think we should support all ways of decreasing emissions, from traditional renewables to cleaned-up fossil fuels to nuclear to innovative new tech like carbon capture. The other side often would make us think that there’s only one way to address it \u2014 solar, wind, the Green New Deal.\u201d
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\n\t\t\t\t\t\t\t\t\t\t\t\tDan Meuser (R-Pa.):<\/strong> \u201cWe must look at trends and be data driven, realistic and also be economically feasible in our solutions. And that’s what we all should be trying to find \u2014 solutions.\u201d
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\n\t\t\t\t\t\t\t\t\t\t\t\tFossil Energy RD&D Bill Includes LEADING ACT, Passes Through House Science<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\tWednesday, the House Science, Space & Technology Committee passed the Fossil Energy Research & Development Act (H.R.3607), legislation introduced by U.S. Reps. Marc Veasey (D-TX) and David Schweikert (R-AZ) through committee. The legislation will direct investments for carbon capture research and development as well as new research efforts aimed at improving carbon dioxide (CO2) storage and use and developing new CO2 utilization technologies.
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\n\t\t\t\t\t\t\t\t\t\t\t\tDuring the markup, the recently introduced The Launching Energy Advancement through Innovations in Natural Gas (LEADING) Act<\/span><\/strong><\/a> was unanimously included on the bill as an amendment. The LEADING Act directs the Department of Energy to conduct critical carbon capture research and development for natural gas power plant applications. As part of that new effort, it lays out an aggressive goal of demonstrating up to five applications by 2025.
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\n\t\t\t\t\t\t\t\t\t\t\t\tOverseas Private Investment Corporation (OPIC) Shows Bias Towards Nuclear Energy<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\tHistorically, the Overseas Private Investment Corporation (OPIC) has been a mechanism to support U.S. companies developing projects internationally at no cost to taxpayers. However, OPIC has had an outright ban on financing nuclear energy exports which was incorporated from the World Bank. Maintaining this prohibition is inimical to the larger U.S. strategy to both counter authoritarian governments\u2019 influence and develop of low-emissions technology internationally.
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\n\t\t\t\t\t\t\t\t\t\t\t\tRead more in a column from this week, Nuclear Industry Claims Embedded Prejudice in Finance Agency<\/span><\/strong><\/a>.
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\n\t\t\t\t\t\t\t\t\t\t\t\tCheck out this May 2019 ClearPath White Paper entitled \u201cIDFC and Advanced Nuclear: The Perfect Pairing\u201d<\/span><\/strong><\/a> that dives deeper on this important issue.
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\n\t\t\t\t\t\t\t\t\t\t\t\tCarbon Lunch:
\n\t\t\t\t\t\t\t\t\t\t\t\tEconomic and Environmental Benefits of Carbon Capture<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\tOn July 25, the Carbon Capture Coalition, Carbon Utilization Research Council, Global Carbon Capture and Storage Institute co-hosted a lunch briefing, \u201cThe Economic and Environmental Benefits of Carbon Capture” featuring Senators John Barrasso (R-WY), Sheldon Whitehouse (D-RI), Shelly Moore-Capito (R-WV), and Rich Powell, Executive Director of ClearPath.
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\n\t\t\t\t\t\t\t\t\t\t\t\tRich highlighted findings from a recent report from the Carbon Utilization Research Council and ClearPath entitled, Making Carbon a Commodity: The Potential of Carbon Capture RD&D<\/span><\/strong><\/a> as well as recently announced carbon capture projects in response to last year’s updates to the section 45Q tax credit<\/span><\/strong><\/a>.
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\n\t\t\t\t\t\t\t\t\t\t\t\tNuScale’s SMR Design Clears Phases 2 and 3 of NRC Review Process<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\tEarlier this week, NuScale Power announced that the U.S. Nuclear Regulatory Commission (NRC) completed the second and third phases of review of their small modular reactor (SMR) design. This milestone keeps the Utah Carbon Free Power Project on track for a mid-2020s deployment track.
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RICH’S TAKE<\/b><\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\u201cThis is really exciting news meaning NuScale is one step closer to bringing the first SMR to market, putting the U.S. on a path to beat foreign competitors like Russia and China in a global SMR race. SMRs range from as small as 2MW (enough to power 1500 homes), up to 500MW (375,000 homes), while a traditional nuclear plant in the United States is 1,000MW. The modular part of SMR means that plants can add additional modules for more power, and also indicate that these reactors can be mass produced at a factory and shipped to the power plant site. On-site construction of large nuclear plants increases the cost significantly. If SMRs can be constructed on an assembly line like planes, cost will decrease. Many SMR designs include additional benefits such as scaling power output as necessary to integrate with renewables (known as being dispatchable or load following), as well\nas passive safety features.\u201d
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In the hearing room this week:<\/b><\/h1>\n\n\t\t\t\t\t\t\t\t\t\t\t\t

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THE PATH AHEAD<\/h1>\n\n\t\t\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\tStay tuned for any August recess events happening on energy innovation.<\/strong>
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\n\t\t\t\t\t\t\t\t\t\t\t\tJuly 31 – ClearPath Founder Jay Faison will speak at the U.S. Chamber\u2019s Global Energy Institute event EnergyInnovates: All In.<\/strong> The event will showcase innovators, projects, and technologies that have shaped today\u2019s energy landscape — and are laying the groundwork for the future. More information here<\/span><\/strong><\/a>
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\n\t\t\t\t\t\t\t\t\t\t\t\tAugust 21 – The George Washington University is hosting a One-Day Professional Development Certificate Course for Mid-Career Professionals:<\/strong> The 21st Century Geopolitics of Energy: Risks, Vulnerabilities and Opportunities. For more information or to register click here<\/span><\/strong><\/a>
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\n\t\t\t\t\t\t\t\t\t\t\t\tSeptember 23 – 27: National Clean Energy Week (NCEW).<\/strong> National Clean Energy Week (NCEW)<\/span><\/strong><\/a> described by POLITICO as \u201ca veritable who\u2019s who of the Clean Energy World,\u201d has announced key dates and speaker information<\/span><\/strong><\/a> ahead of its third annual celebration. Join ClearPath in celebrating and raising awareness for reducing emissions through clean energy technologies. As September quickly approaches, here are ways you can get involved now:\n\n\t\t\t\t\t\t\t\t\t\t\t\t