Please ensure Javascript is enabled for purposes of website accessibility
Carbon Capture Storage Is Key to California's Economy & Energy Future
Opinion
By Opinion
Published 1 year ago on
March 14, 2024

Share

The global energy landscape is rapidly evolving with California often leading the way.

Clint Olivier

Clint Olivier

Opinion

Today, the energy industry is tasked with meeting increasing demand while reducing its emissions and diversifying existing energy production with new and innovative technologies.

However, as the industry continues to adapt, these new energy technologies must protect the energy economy while addressing the need to limit environmental impacts.

Carbon capture and storage is an essential tool in achieving these goals, allowing California producers to meet heightened demand in an environmentally and economically sustainable way by capturing CO2 produced through industrial processes and storing it beneath the earth’s surface. This keeps carbon emissions from being released into the atmosphere, improving air quality and mitigating the effects of climate change right here in our backyard.

CCS Produces Financial Dividends

The economic impact of CCS is equally as impressive. This is key in our support of the technology. As an organization uniting 75-plus businesses, 30,000 employers, and 400,000 employees focused on driving policies to create a stronger economy, BizFed Central Valley sees CCS expansion as a key factor in our mission.

In California, converting existing energy production facilities and creating new ones capable of supporting CCS would create around 5,400 new jobs in the construction and logistics industry, in addition to hundreds of additional permanent opportunities in facility management once the facilities are completed. Thanks to existing programs through the California Energy Commission, among other groups, these jobs can be filled by locals through expansive job training and career advising services. All these factors combined make CCS and economic winner for our communities.

This illustration features carbon capture storage sequestration technology in an industrial setting. (Shutterstock)

California is already home to several CCS projects, with major energy companies – such as California Resources Company, Aera Energy, and Calpine – making significant investments right here in Kern County through their very own carbon capture projects. These projects are big wins for our state’s energy sector, but they are only the tip of the iceberg. Our economy and our workforce have the ability and the capacity to attract even more new projects like these.

To create a more sustainable energy future and realize clean energy’s full range of economic benefits, California must continue to invest in CCS and promote its development. Other states like Texas and Wyoming are already heavily invested in CCS and are enjoying the economic advantages. California has always been at the forefront of new technologies. Continued investment will make sure we retain this position on CCS.

To keep our state from being left behind and to continue attracting investment in this critical technology, it is imperative that California promote policies that encourage CCS development, not hinder it. Ultimately, it is up to our state’s elected leaders and business community to position us as the leader in the energy transition and a pioneer in CCS advancement.

About the Author

Clint Olivier is the CEO of Central Valley Business Federation, a Clovis Unified School Board member, and a former Fresno City Councilman.

 

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

California Senator Will Make Historic Appearance at Fresno City College Commencement

DON'T MISS

Gaza Ceasefire Talks in Cairo Near ‘Significant Breakthrough,’ Two Security Sources Say

DON'T MISS

Fresno County Farmer Sentenced to Prison in $650,000 Crop Insurance Fraud Case

DON'T MISS

Where Were the Most Car Crashes in Clovis? Police Release List

DON'T MISS

Protesters to Rally in Brooklyn After Pro-Israel Crowd Assaults Woman

DON'T MISS

Selma Teen’s Death May Be Tied to Fentanyl, Police Say

DON'T MISS

Blast Kills at Least 26 People in Nigeria’s Northeast, Residents Say

DON'T MISS

5-Year-Old Girl and Parents Among Those Dead in Vehicle Ramming in Vancouver

DON'T MISS

Feds Again Bump Up Water Allocation for Many Fresno County Farmers

DON'T MISS

Levi Strauss Shareholders Vote Against Proposal to End Diversity Programs

UP NEXT

Gaza Ceasefire Talks in Cairo Near ‘Significant Breakthrough,’ Two Security Sources Say

UP NEXT

Fresno County Farmer Sentenced to Prison in $650,000 Crop Insurance Fraud Case

UP NEXT

Where Were the Most Car Crashes in Clovis? Police Release List

UP NEXT

Protesters to Rally in Brooklyn After Pro-Israel Crowd Assaults Woman

UP NEXT

Selma Teen’s Death May Be Tied to Fentanyl, Police Say

UP NEXT

Blast Kills at Least 26 People in Nigeria’s Northeast, Residents Say

UP NEXT

5-Year-Old Girl and Parents Among Those Dead in Vehicle Ramming in Vancouver

UP NEXT

Feds Again Bump Up Water Allocation for Many Fresno County Farmers

UP NEXT

Levi Strauss Shareholders Vote Against Proposal to End Diversity Programs

UP NEXT

US and Mexico Have Reached Agreement on New World Screwworm, Ag Secretary Rollins Says

Where Were the Most Car Crashes in Clovis? Police Release List

13 hours ago

Protesters to Rally in Brooklyn After Pro-Israel Crowd Assaults Woman

13 hours ago

Selma Teen’s Death May Be Tied to Fentanyl, Police Say

13 hours ago

Blast Kills at Least 26 People in Nigeria’s Northeast, Residents Say

13 hours ago

5-Year-Old Girl and Parents Among Those Dead in Vehicle Ramming in Vancouver

14 hours ago

Feds Again Bump Up Water Allocation for Many Fresno County Farmers

14 hours ago

Levi Strauss Shareholders Vote Against Proposal to End Diversity Programs

14 hours ago

US and Mexico Have Reached Agreement on New World Screwworm, Ag Secretary Rollins Says

15 hours ago

Death Toll in Iran’s Bandar Abbas Port Blast Rises to 70

15 hours ago

Selma Mayor Responds to Criminal Charge

16 hours ago

California Senator Will Make Historic Appearance at Fresno City College Commencement

For the first time in Fresno City College’s 115-year history, a United States senator will speak at its commencement ceremony. California De...

12 hours ago

12 hours ago

California Senator Will Make Historic Appearance at Fresno City College Commencement

Palestinians gather at the site of an Israeli strike on a house, in Jabalia, in the northern Gaza Strip April 28, 2025. (REUTERS/Mahmoud Issa)
12 hours ago

Gaza Ceasefire Talks in Cairo Near ‘Significant Breakthrough,’ Two Security Sources Say

12 hours ago

Fresno County Farmer Sentenced to Prison in $650,000 Crop Insurance Fraud Case

13 hours ago

Where Were the Most Car Crashes in Clovis? Police Release List

Officers with the New York Police Department outside the Chabad Lubavitch World Headquarters in the Crown Heights neighborhood of Brooklyn, on Monday, April 28, 2025. The Police Department said it was preparing for new protests in Brooklyn on Monday after a woman was verbally and physically assaulted by hundreds of pro-Israel demonstrators there last week. (Victor J. Blue/The New York Times)
13 hours ago

Protesters to Rally in Brooklyn After Pro-Israel Crowd Assaults Woman

13 hours ago

Selma Teen’s Death May Be Tied to Fentanyl, Police Say

At least 26 people were killed and three injured on Monday when two vehicles struck an improvised explosive device in Nigeria’s insurgency-hit Borno state, an attack residents blamed on Boko Haram. (Shutterstock)
13 hours ago

Blast Kills at Least 26 People in Nigeria’s Northeast, Residents Say

Visitors pay their respects at a memorial after a vehicle drove into a crowd during a Filipino heritage festival in Vancouver, British Columbia, Sunday, April 27, 2025. (AP/Lindsey Wasson)
14 hours ago

5-Year-Old Girl and Parents Among Those Dead in Vehicle Ramming in Vancouver

Help continue the work that gets you the news that matters most.

Search

Send this to a friend