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Home / Opinion / Commentary: Innovation will drive progress on climate change

Commentary: Innovation will drive progress on climate change

Commentary: Innovation will drive progress on climate change
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A horse grazes near a natural gas power plant in Richmond. Thanks to expanded use of natural gas in power generation, energy-related carbon dioxide emissions in the U.S. are near 20-year lows. Technology and innovation will further reduce emissions. Meaningful action toward climate progress is rooted in investment and innovation, and no one is investing more in clean tech than the U.S. oil and natural gas industry. From 2000 to 2016, U.S. oil and natural gas companies invested more than $300 billion in technologies to mitigate greenhouse gases — more than the rest of the private sector and the government combined during that period. Because of these investments, smart policies and science-based regulations, America’s environment is cleaner than ever before. Oil and natural gas companies are investing in enhanced efficiencies in operations, development of shale gas, cleaner fuels, alternative energy sources like wind and solar, technologies that capture, reuse and store carbon dioxide, and cogeneration, which reduces emissions by capturing heat and gases produced by industrial processes to produce electricity. By Mella McEwen mmcewen@mrt.com By Erin Douglas, Staff writer And these investments are working. Thanks to expanded use of natural gas in power generation, energy-related carbon dioxide emissions in […]

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