De-Risking CCUS: Paving the Way for the Insurance and Finance Industries

Carbon capture, utilization, and storage (CCUS) is not new to those working in climate science, geology, or oil and gas. However, recent updates to the 45Q Tax Credit, funding from the Bipartisan Infrastructure Law (BIL), and increasing acknowledgement among the global scientific community of the need for CCUS for successful decarbonization has shined a new spotlight upon it.

This new exposure for the technology, which has been in use for a half-century, along with increased regulation around the emissions of carbon dioxide, has brought with it significant interest by industry in including CCS/CCUS into their business portfolios.

While those who have worked in the CCS/CCUS space for decades know it to be a proven technology, with the potential to aid in decarbonization, those who are just learning about the technology – and who are being asked to commit resources to finance or insure CCS/CCUS projects – still have a lot of questions.

To answer these questions, Battelle and the United States Energy Association, in cooperation with the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (DOE-FECM) would like to invite you to participate in a one-day workshop on Thursday, September 8, 2022, entitled: De-Risking CCUS: Paving the way for the Insurance and Finance industries

This workshop, which features experts in the fields of CCUS, financial assurance, carbon management, and risk mitigation, will feature presentations and discussions on:

  • The basics of CCUS
  • DOE Priorities in De-Risking Carbon Capture
  • Risk Mitigation Opportunities
  • Project Implementation
  • The intersection of and de-risking CCUS and Environmental Justice