Report: Carbon Capture Jobs and Project Development Status | Carbon Capture Coalition

Q: Report: Carbon Capture Jobs and Project Development Status | Carbon Capture Coalition

Summary: Carbon capture deployment at industrial facilities and power plants and deployment of associated CO2 transport infrastructure in 21 states across the Midwest, Great Plains, Gulf Coast, and Rockies regions can support an annual average of up to 68,000 project jobs and 35,800 ongoing operational jobs over a 15-year period and capture 592 million metric tons of CO2 per year. The construction, engineering, and equipment manufacturing sectors combined could see at least 300,000 new jobs associated. CCS reworks existing energy technologies, which creates more cost-effective methods of emission reduction, and spurs economic growth: The widespread deployment of CCS will create new opportunities in the supply of infrastructure and technology, the provision of professional services and finance, and the production of low-carbon products. The prospect of growth in these markets will stimulate innovation as companies compete for market share, in turn generating economic growth. CCS supports job creation and preservation in local communities and economies: The report finds that the CCS industry in the US would employ between 70,000 and 100,000 construction workers and 30,000 to 40,000 facility operators between now and 2050 Also, additional employees will be needed to build and maintain CO2 a transport and storage network for this industry

Summary:

Carbon capture deployment at industrial facilities and power plants and deployment of associated CO₂ transport infrastructure in 21 states across the Midwest, Great Plains, Gulf Coast, and Rockies regions can support an annual average of up to 68,000 project jobs and 35,800 ongoing operational jobs over a 15-year period and capture 592 million metric tons of CO₂ per year.
The construction, engineering, and equipment manufacturing sectors combined could see at least 300,000 new jobs associated.
CCS reworks existing energy technologies, which creates more cost-effective methods of emission reduction, and spurs economic growth:
- The widespread deployment of CCS will create new opportunities in the supply of infrastructure and technology, the provision of professional services and finance, and the production of low-carbon products. The prospect of growth in these markets will stimulate innovation as companies compete for market share, in turn generating economic growth.
CCS supports job creation and preservation in local communities and economies:
- The report finds that the CCS industry in the US would employ between 70,000 and 100,000 construction workers and 30,000 to 40,000 facility operators between now and 2050
- Also, additional employees will be needed to build and maintain CO₂ a transport and storage network for this industry