The capture and storage of carbon dioxide (CO2) has found its way into legislation filed by Reps. Blake Moore (R-UT) and Jim Costa (D-CA).
The legislation continues Biden’s agenda that began with Inflation Reduction Act funding for every state to promote net-zero, carbon-capture, and alternative energy like solar and wind schemes to supposedly avert climate change.
Even President Trump, as ASL reported in March of this year, is in favor of carbon capture for two purposes – using it for his “drill baby drill” plans and sequestering it deep into the ground forever.
Moore’s legislation establishes and promotes the carbon industry by creating the Bioenergy with Carbon Capture and Storage Advancement (BECCS) Commission located within the U.S. Department of Agriculture. He promotes the bill as wildfire mitigation, bolstering economic development in rural America, and delivering much-needed baseload power for increased energy needs for data centers and artificial intelligence.
All “buzz words” used to make carbon capture appealing to members of Congress, but what they never discuss, besides “economic development in rural America,” is once captured and liquified, the carbon gets pumped through high pressure pipelines across condemned private land and stored underground with no public benefit.
The Commission will advance biomass energy and carbon storage and make recommendations for the development and implementation of industries using bioenergy with carbon capture and storage throughout the U.S.
As reported in Bloomberg Tax, major financial advisors anticipate annual investment in carbon capture and storage could reach $175 billion by 2035, hence the reason the federal government plans to be involved – money and control.
The main problem with this idea is it will only be profitable with government subsidies and tax credits. The Trump administration actually supported this during his first term by creating a single tax credit known as 45Q and it doesn’t appear he will rescind it.
CO2 is plant food, plain and simple. It’s what God made for plants to grow. Amazingly, Congress is still considering whether American taxpayers should fund plans to build massive pipelines and destroy thousands of miles of good farmland only to sequester carbon dioxide underground forever.
Bioenergy is a “renewable” energy derived from plants and animal waste and has never been proven profitable nor effective. This bill merely continues to push the Biden administration’s agenda using unsubstantiated reasons and language to promote a bad idea allowing the proponents and the federal government to make money off the backs of farmers and ranchers.
This simply means carbon pipelines will continue to threaten landowner’s private property for years to come, unless this bill is stopped.
