· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on POLITICO or enjoy below:
🗞️ Driving the news: The Biden administration has proposed new safety regulations for carbon dioxide (CO2) pipelines, aimed at preventing accidents like the 2020 Mississippi rupture that hospitalized 45 people
• The proposed rules by the Pipeline and Hazardous Materials Safety Administration (PHMSA) focus on mitigating leaks as carbon capture technology expands nationwide
• Developers of carbon capture projects have welcomed the rules amid growing opposition from environmentalists and landowners
🔭 The context: Existing pipeline safety regulations were designed for CO2 used in industrial operations, leaving gaps as new pipelines support carbon capture initiatives
• Opposition is strongest in the Midwest, where safety advocates and environmentalists criticize the risks and question carbon capture's role in sustaining the fossil fuel industry
• Congress and the administration have incentivized carbon storage through substantial tax credits
🌍 Why it matters for the planet: CO2 pipelines are vital for carbon capture and storage, a strategy to reduce greenhouse gas emissions
• Ensuring pipeline safety addresses environmental concerns while supporting cleaner industrial practices
⏭️ What's next: The proposed rules will undergo public and industry scrutiny before finalization
• Their adoption could influence the pace of carbon capture projects and address resistance from stakeholders
💬 One quote: “Today, as this technology grows rapidly across the country, we are proud to propose comprehensive new rules to ensure that carbon dioxide pipelines are safe,” - Transportation Secretary Pete Buttigieg
📈 One stat: A 2020 CO2 pipeline rupture in Mississippi led to 45 hospitalizations, highlighting the urgency of safety reforms
Click for more news covering the latest on carbon capture & storage
