
Charles Mcconnell
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May 13, 2026
Decarbonizing industry: Strategies and technologies discussion with the former U.S. Assistant Secretary of Energy
3:02
3:16
3:30
5:45
5:54

Charles McConnellGUEST
... which is an earned tax credit by people that are putting projects in place and earning it by doing the work, storing the CO2, and having it be monetized.

Charles McConnellGUEST
In Europe, we're still working largely on government grants and government subsidies to do the improvements that, that are d- driven by society here, but I think that's the key difference.

Charles McConnellGUEST
In the US, uh, I think the, the message is you have to do the utilization.

Charles McConnellGUEST
So wind and solar is gonna address that portion of it, but sixty-five percent of it is all of the other industries that you just mentioned.

Charles McConnellGUEST
And the, and the process industries that use hydrocarbons, it's undeniable that there needs to be a solution.And that solution, by utilizing carbon capture utilization and storage, I think has become more and more obvious to the communities.