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Green fossil fuels with support on Bipartisan Infrastructure Bill


According to information reported by The Houston Chronicle, clean fossil fuels such as ethanol, hydrogen or biodiesel, could find major investments within the $1 trillion bipartisan infrastructure bill; indeed, currently under consideration in the Senate. Accordingly, these technologies can help the oil and gas sector sustainably; particularly, as the world moves to reduce carbon emissions.

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Cleaner fuels for a cleaner energy future

Consequently, the agreement represents a new step by moderate Republicans and Democrats to find common ground on climate change. Additionally, the bipartisan infrastructure bill comes at a time of increasing uncertainty; specifically, around the future of the oil and natural gas industries.

In this sense, Rich Powell, policy director at the Clear Path Foundation, a conservative think tank advocating for climate action, told media; “In fact, this is technology inclusive. Accordingly, it has something for every option (of clean energy).”

On the same page, Powell noted that fossil fuel companies will have to bring a significant private cost-share. However, he recognized that the bipartisan infrastructure bill is seeing support both from the federal government and senators.

In fact, the more than 2,700-page draft legislation released Sunday includes more than $100 billion in clean energy provisions. Remarkably, it contains conditions above the estimated $90 billion included in the Obama administration’s stimulus legislation; which indeed followed the 2008 financial crisis.

Noteworthy, the bipartisan infrastructure bill’s authors include Senators Joe Manchin, D-W.V., Lisa Murkowski, R-Alaska, Mitt Romney, R-Utah, and Sen. Kristen Sinema, D-Ariz.  

More about the Bipartisan Infrastructure bill 

The package primarily focuses on rebuilding aging infrastructure like roads and airports. However, it includes $3.5 billion to build direct air capture facilities to capture carbon dioxide from the atmosphere. Similarly, the bipartisan infrastructure bill has $2.5 billion for commercial-scale underground carbon storage sites.

The bipartisan infrastructure bill also calls for $9.5 billion to expand the use of clean hydrogen fuels. Accordingly, it considers four commercial-scale hydrogen projects to be developed around the country.

Worth noting, the projects would make hydrogen from natural gas, capturing and storing the emissions. Also, electrolyzing water, an emissions-free process long used by astronauts traveling through space.

Similarly, the bipartisan infrastructure bill includes $7.5 billion in building charging stations along American roadways; this investment adds billions for electric buses and ferries.

Lastly, Congress is ready to spend plenty on technologies that represent direct competition for the oil industry; for instance, including batteries, wind turbines, solar panels, and electric vehicles.

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