Carbon capture a win for environment and economy
While Illinois is leading the way in the effort to mitigate climate change with a goal to reach net zero greenhouse gas emissions by 2050, we will fall short without embracing all available technology, including carbon capture and storage.
Also known as CCS, this process involves capturing carbon dioxide emissions at their source, preventing them from being released into the atmosphere and then storing them deep underground. It’s an established and effective process which is highly regulated by the U.S. Environmental Protection Agency. CCS technology has been identified by the Clean Air Task Force as having safely operated in the U.S. for more than 50 years. Numerous international studies addressing the energy transition suggest that CCS is a required key tool for rapid decarbonization, along with energy efficiency and electrification.
In addition to the proven environmental benefits, deploying CCS more widely in Illinois also offers equally clear economic benefits. CCS development and expansion has an employment demand of 14,400 jobs, generating over $3 billion in additional revenue for the state’s economy over 10 years, according to a study conducted by the University of Illinois. This includes the creation of good union jobs in the construction industry as well as the operation of new facilities.
That’s why Illinois’ business, labor and agriculture communities have united behind legislation which allows Illinois to expand the use of CCS technology.
Our legislation builds upon existing federal regulations, requires consultation with impacted communities to address local concerns and establishes strong landowner protections.
It’s clear that the climate crisis demands quick action, and CCS is a proven and safe technology that can help clean our industrial sector while facilitating economic growth and employment opportunities for generations to come. Without swift action, Illinois will lose jobs to other states and fall short of clean energy goals. We simply can’t afford further delay.
Pat Devaney, Secretary-Treasurer, AFL-CIO
Mark Denzler, President and CEO, Illinois Manufacturers’ Association