Assessing Policy Strategies for Scaling Carbon Capture and Storage in the United States

April 11-12, 2024

AT&T Conference Center, The University of Texas at Austin

Agenda

Thursday, April 11th

7:30-8:15 Breakfast


8:15-8:30 Opening Remarks

8:30-10:00 Session 1: Modeling Policy Incentives and CCUS Investment Decisions

1. The Effects of Policy Uncertainty and Risk Aversion on Carbon Capture, Utilization, and Storage Investments
   Connor Colombe, Benjamin D. Leibowicz, Benjamin R. Mendoza
   University of Texas at Austin, Operations Research and Industrial Engineering
   Discussant: Joshua Rhodes, University of Texas at Austin
   
   
2. Modeling CCS Policy Support: Implications for Market Performance, Net Emissions and Welfare
   Joseph Duggan, Jonathan Ogland-Hand, Richard Middleton
   University of Dayton, Carbon Solutions LLC
   Discussant: Joseph Stemmler, University of Oxford
   
   
3. Firms’ Optimal Decision to Invest in CCUS Using an Investment Under Uncertainty Framework
   Alivia Cochran, Chuck Mason
   University of Wyoming, Department of Economics
   Discussant: Joseph Duggan, University of Dayton
   
   
   

10:00-10:30am Break

10:30-12:00 Session 2: Potential Health and Property Value Impacts of CCUS

1. Carbon Capture and Health-Harming Co-Pollutants in a Networked Power System
   Paola Pimentel Furlanetto, Michael Ash, Erin Baker, Bridget Diana, Tim Donaghy, Golbon Zakeri
   Mechanical & Industrial Engineering Department and Energy, Environment, and Economic Decision-Making Lab (E3Lab), University of Massachusetts, Amherst
   Discussant: Lucy Qiu, School of Public Policy, University of Maryland
   
   
2. What are the Likely Air Pollution Impacts of Carbon Capture and Storage?
   Andrew Waxman, H-R Huber-Rodriguez, Sheila Olmstead
   LBJ School of Public Affairs, University of Texas at Austin
   Discussant: Wade Davis, U.S. Environmental Protection Agency
   
   
3. Estimation of Property Value Changes from Nearby Carbon Capture, Utilization, and Storage Projects in the United States
   Kaifang Luo, Yueming Qiu, Pengfei Liu, Yingdan Mei
   University of Maryland, University of Rhode Island, China University of Petroleum Beijing
   Discussant: Timothy Fitzgerald, Texas Tech University
   
   
   

12:00-1:00pm Lunch

1:00-2:30pm Session 3: Challenges to CCUS Deployment at Scale in the United States

Panel Moderator: Sheila Olmstead, University of Texas at Austin
Burçin Ünel, Institute for Policy Integrity, New York University
Ed Rubin, Carnegie Mellon University
Sue Hovorka, Bureau of Economic Geology, University of Texas at Austin
Jamie White, ExxonMobil

2:30-3:00pm Break

3:00-5:00pm Session 4: Power sector deployment, markets for storage, & gauging expert opinion

1. Economic and Policy Conditions for the Deployment of CCUS in the Power Sector
   Nils Johnson, Electric Power Research Institute (EPRI)
   Discussant: Sergio Castellanos, Civil, Architectural and Environmental Engineering, University of Texas at Austin
   
   
2. The Effect of CCS on the Cost and Design of a Deeply Decarbonized U.S. Power System
   Matthias Fripp, Environmental Defense Fund
   Discussant: Paola Pimentel Furlanetto, University of Massachusetts, Amherst
   
   
3. The Valorization of Federal Pore Space
   Tara Righetti, University of Wyoming School of Law
   Discussant: David Spence, University of Texas School of Law
   
   
4. Expert Consensus on Carbon Dioxide Removal: Eliciting Expert Opinion on Costs, Technological and Sociopolitical Constraints, and Deployment Timelines
   Derek Sylvan, Peter Howard, Institute for Policy Integrity, New York University
   Discussant: David Adelman, University of Texas School of Law
   
   

5:00pm Adjourn


5:30pm Group Dinner at Mickelthwait Craft Meats

Friday, April 12th

7:30-8:30 Breakfast

8:30-10:00 Session 5: How does CCUS fit within U.S. federal decarbonization strategy, and where are the research and policy gaps?

Panel Moderator: Michael Webber, University of Texas at Austin
Margo Corum, Director, Engagement Division, Office of Carbon Management, U.S. Department of Energy
Nichole Saunders, Senior Attorney, Energy, Environmental Defense Fund
Sophia Cunningham, Vice President, Houston Energy Transition Initiative, Greater Houston Partnership

10:00-10:30 Break

10:30-11:30 Session 6: Small group breakouts: new frontiers & unanswered questions

11:30-12:00 Session 7: Report out from breakouts, synthesize project and symposium

12:00-1:15pm Lunch

1:15pm Adjourn