Clean Water Action works to protect water, health, climate and communities from oil and gas while pushing for the transition to a clean energy economy. We work to secure the strongest possible protections to limit the impacts of oil and gas development and to end the special treatment for the fossil fuel industry at the local, state, and national levels.
On behalf of our millions of members we write to express our opposition to the Furthering carbon capture, Utilization, Technology, Underground storage, and Reduced Emissions (FUTURE) Act (S.1535)/ Carbon Capture Act (H.R.3761) and any attempts in a tax policy package to extend or expand subsidies for enhanced oil recovery (EOR).
Americans should understand the goal of the oil and gas industry: drill, extract, and burn all the oil and gas resources it can acquire. The business plan is to burn it all.
We are deeply concerned that the proposed regulations will continue to allow claimants of the Section 45Q tax credit to benefit from the production of fossil fuels without adequately demonstrating secure geologic storage of captured carbon, as the law requires.