Most of the $142 million proposed as an increase in the account would support research and development of carbon capture and sequestration technology. No matter what energy future one believes in, fossil fuels will play a significant role. This increase would fund the R&D that we've simply got to do to isolate the carbon and store it to reduce emissions.
David Hobson: “Most of the $142 million proposed as an increase in the account would support research and development of carbon capture…”
Editor's note · Context
Discussing funding for carbon capture and sequestration technology in relation to fossil fuels.
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I have seen the pictures that you have given me, and I certainly understand the problem there in Florida. We will try to work with you every way we can. Because I have seen it. It has fallen in, and it has got to be fixed.
If I might respond, you have got the problem correct and we are sympathetic to the problem because it is an economic development tax revenue situation that they do not seem to want to recognize. We have this both in the waterways there and…
I would like to yield back on that and strike the last word if I might. The Acting CHAIRMAN. The gentleman from Ohio is recognized for 5 minutes.
In reply, yes, we will make that request. And should the subcommittee find the DOE's response unacceptable or not receive a response by the deadline stipulated, I commit to working in conference to direct the DOE to support university…





