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The Benefits of a CCUS Industry in the United States and Canada
CCUS holds the promise of storing large volumes of carbon dioxide in geologic formations such as deep saline formations, depleting reservoirs (e.g. EOR, ECBM), depleted reservoirs, unminable coal seams and similar geologic structures. Because CCUS has the potential to be applied in a wide range of fossil fuel energy conversion processes, association members believe that CCUS should be recognized as an emissions mitigation measure under any climate regime.

Association members also view CO2 as a gaseous material that has been and will continue to be useful for the recovery of mineral resources such as oil and gas, and is capable of being responsibly stored in this process. To that end, market-driven options for more effective uses of CO2 from industrial sources should be pursued in order to advance the technology. NACCSA believes that the environmental benefits that will be realized may best be achieved if commercially reasonable options for implementation of CCUS projects are available in the United States and Canada with appropriate levels of governmental involvement. By developing CCUS as a viable business model and bringing together the many different contributors in the energy sector, the association believes that it will create a real opportunity to reduce the current levels of CO2 emissions and position CCUS as an integral part of any climate regime.

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