{"id":9311,"date":"2023-11-03T21:21:01","date_gmt":"2023-11-03T21:21:01","guid":{"rendered":"https:\/\/infundpros.com\/markets\/commodities\/us-agency-proposes-allowing-carbon-capture-projects-in-national-forests\/"},"modified":"2023-11-03T21:21:02","modified_gmt":"2023-11-03T21:21:02","slug":"us-agency-proposes-allowing-carbon-capture-projects-in-national-forests","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=9311","title":{"rendered":"US agency proposes allowing carbon capture projects in national forests"},"content":{"rendered":"
\n

By Leah Douglas<\/p>\n

(Reuters) – The U.S. Forest Service wants to allow carbon capture and storage (CCS) projects on national forest land, according to a proposed rule published by the agency on Friday.<\/p>\n

Carbon capture is key to the climate strategy of the administration of President Joe Biden, which has pledged to halve greenhouse gas emissions by 2030.<\/p>\n

The proposed rule would amend existing Forest Service regulations by allowing “exclusive and perpetual use” of national forest land and pore space beneath it for approved CCS projects.<\/p>\n

Authorizing such projects on forest land would support the administration’s climate goals, said the proposed rule. <\/p>\n

Some environmental groups opposed the rule, arguing it would amount to the privatization of public land.<\/p>\n

“Our nation\u2019s forests should not be a dumping ground for polluters,” said Jim Walsh, policy director of the environmental group Food & Water Watch.<\/p>\n

Some CCS projects in the U.S. are facing obstacles securing access to geological storage sites where captured carbon dioxide could be sequestered for hundreds of years. <\/p>\n

Regulators in North Dakota in August denied a permit application from Iowa-based Summit Carbon Solutions, which hopes to store as much as 18 million metric tons of carbon dioxide there as part of its multi-state CCS pipeline, due to concerns about the project’s impact to residents and the environment. The state is reconsidering Summit’s application.<\/p>\n

A CCS pipeline project from Nebraska-based Navigator CO2 Ventures struggled to get support from landowners living above its proposed sequestration site in Illinois before canceling the project in October. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Leah Douglas (Reuters) – The U.S. Forest Service wants to allow carbon capture and storage (CCS) projects on national forest land,…<\/p>\n","protected":false},"author":1,"featured_media":2156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":{"0":"post-9311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities"},"yoast_head":"\nUS agency proposes allowing carbon capture projects in national forests | inFundPros<\/title>\n<meta name=\"description\" content=\"By Leah Douglas (Reuters) - The U.S. Forest Service wants to allow carbon capture and storage (CCS) projects on national forest land, according to a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=9311\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US agency proposes allowing carbon capture projects in national forests | inFundPros\" \/>\n<meta property=\"og:description\" content=\"By Leah Douglas (Reuters) - 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