Texas needs more power to meet the dual challenges of meeting our growing energy demands with fewer emissions. Texas has the natural resources, infrastructure, industries, and innovation to create a reliable and affordable energy future.
Meeting Energy Demands with Hydrogen Generation
- As power demands in Texas continue to rise, we are expanding our focus on hydrogen generation. Enhancing hydrogen generation can help secure reliable and sustainable power for weather-related challenges and our state’s growing population.
CARBON CAPTURE AND STORAGE
Strengthening Carbon Capture, Utilization, and Storage (CCUS)
- We are committed to the development of Carbon Capture, Utilization, and Storage (CCUS) technology. CCUS allows us to capture and reduce carbon emissions while utilizing our abundant fossil fuel resources.
- The oil and gas sector has long been the engine of Texas’ economic growth and job creation. By enhancing carbon capture, utilization, and storage (CCUS) efforts, we can ensure a reliable and affordable energy supply while simultaneously creating new job opportunities within the industry.
INCREASING DISPATCHABLE ELECTRICITY
Addressing Vulnerabilities in the Electricity Grid
- Texas recognizes the vulnerability of its electricity grid to weather-related challenges. The solution lies in enhancing power generation capabilities by taking advantage of our abundant fossil fuels and natural resources.
OIL AND GAS
Supporting the Oil and Gas Industry for Economic Growth
- We recognize the vital role the oil and gas industry plays in our state’s economy and job market. Initiatives like CCUS create new opportunities, support existing jobs, and drive economic growth.
- The oil and gas industry is the backbone of Texas’ workforce and energy supply. By combining carbon storage and an offset credits trading market with our abundance of fossil fuels, we can provide clean, reliable energy for all Texans.
OFFSET CREDITS TRADING MARKET
Investment Opportunities through an Offset Credits Trading Market
- To capitalize on our energy resources, Texas requires a robust offset credits trading market supported by a strong legal, regulatory, and economic framework. These investments will not only benefit the state’s economy but also provide profitable opportunities for all Texans.
Increasing Power and Energy from Fossil Fuels
- Texas boasts an abundance of fossil fuel resources, including coal, oil, and natural gas. By harnessing these resources while implementing carbon storage and sequestration technologies, we can significantly increase electricity production.
- The Lone Star State can increase power and energy from our fossil fuels resources. Combined with carbon storage and sequestration, we can generate more electricity with fewer emissions.