Wyoming carbon energy experts told a U.S. Senate environmental committee Wednesday that Wyoming wants to expand its carbon research influence by finding ways to capture and reuse waste carbon dioxide.
Carbon XPrize Executive Director Marcius Extavour was one of the experts in attendance and said his organization has created incentives for successful research. The XPrize has set up a prize pool of $20 million that will be distributed to teams that show the most promise in carbon capturing research. xtavour stressed the importance of creating business opportunities out of reducing the carbon intensity of energy and industrial sectors.
Committee Chairman and Republican U.S. Sen. John Barrasso said it's time for the federal government to support carbon research that allows for the continued use of the Powder River Basin’s cheap and abundant coal. “Just outside these doors is a world-class facility where research is underway to study how we can create commercial value from carbon dioxide that would otherwise just go up into the air,” Barrasso said.
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