Texas 2017 - 85th Regular

Texas Senate Bill SR712 Latest Draft

Bill / Enrolled Version Filed 05/24/2017

                            By: Seliger S.R. No. 712


 SENATE RESOLUTION
 WHEREAS, Fossil fuels, including coal, natural gas, and
 oil, currently meet more than three quarters of primary global
 energy demand around the world and in the United States; and
 WHEREAS, According to the International Energy Agency,
 under current energy and environmental policies, fossil fuels
 will continue to play a role of this magnitude for the next
 quarter century or more; even assuming global adoption of
 policies consistent with the agency's "climate-stabilizing" 450
 Scenario, more than half of total worldwide and United States
 energy demand would still be met by fossil fuels in 2040; and
 WHEREAS, The United States Department of Energy has
 reported that "carbon capture, utilization, and storage
 technologies provide a key pathway to address the urgent United
 States and global need for affordable, secure, resilient, and
 reliable sources of clean energy"; environmental advocates who
 recognize the value and enduring role of fossil fuels as an
 essential source of energy have come to support the accelerated
 development and broad deployment of carbon capture technologies
 for fossil fuels as part of a sustainable energy future;
 similarly, fossil energy advocates who have recognized the role
 carbon capture can play in creating new opportunities support the
 development and deployment of carbon capture technologies for
 fossil fuels; and
 WHEREAS, The United States and Texas have abundant
 supplies of fossil energy, the production and use of which
 provide important economic, energy, and national security
 benefits to our nation and our state; Texas is the nation's
 largest producer of natural gas, oil, lignite coal, and fossil
 fuels in total, and it has the nation's largest proved reserves
 of both natural gas and oil, as well as the ninth-largest
 recoverable reserves of coal; it is the nation's largest consumer
 of coal for electricity generation and the largest consumer of
 natural gas for both electricity generation and industrial use;
 77 percent of the electricity generated in Texas is produced from
 the use of fossil fuels; and
 WHEREAS, Reliable and affordable electricity is vital to
 economic growth and job creation and to the well-being of all
 citizens; according to the United States Department of Energy, "A
 diverse portfolio of energy resources is critical to U.S. energy
 and national policy . . . being more robust and resilient in
 comparison to a system that is heavily dependent on a limited set
 of energy resources . . . [and] helps insulate the economy from
 certain risks, including price volatility and risks from supply
 disruptions"; and
 WHEREAS, Texas is a leader in the research and development
 of technologies that provide clean, safe, and reliable power
 generation, and it is committed to continued research and
 development of carbon reduction strategies for fossil fuels,
 including existing and emerging carbon capture, utilization, and
 storage technologies such as geological sequestration, mineral
 carbonation, and the beneficial use of captured carbon dioxide;
 and
 WHEREAS, In Texas, many academic, private, and
 governmental initiatives and institutions are engaged in efforts
 to address the environmental, health, and economic impacts of
 energy production and use through collaborations on applied CO2
 research, practical applications, workforce development, and
 public education; among them are the Petra Nova Project at the W.
 A. Parish Electric Generating Station in Fort Bend County, the
 Texas Clean Energy Project in Ector County, the NET Power project
 in Harris County, the Energy and Environment Initiative at Rice
 University, the Texas Carbon Management Program, and the Gulf
 Coast Carbon Center at The University of Texas at Austin; and
 WHEREAS, Legislation was introduced in the 114th United
 States Congress to enhance and extend current federal tax
 incentives, under Section 45Q of the Internal Revenue Code, that
 sustain and promote such collaborations and encourage private
 industry in energy generation, manufacturing, and agriculture to
 adopt and deploy existing and emerging technologies that
 increase carbon capture, utilization, and storage; environmental
 and energy advocates have come together in support of this
 legislation in a groundbreaking coalition of environmental
 advocacy groups, labor unions, and energy producers from the
 coal, oil and gas, ethanol, and algae-biomass industries;
 moreover, the legislation has received strong bipartisan support
 in both the United States Senate and the United States House of
 Representatives; and
 WHEREAS, Congress and the president are also currently
 considering a large-scale federal infrastructure initiative to
 strengthen our nation's transportation, public works, and energy
 infrastructure, which could also serve as a vehicle for advancing
 "jobs-ready" carbon capture projects; the United States
 Department of Energy has determined that "a combination of tax
 incentives and research, development, demonstration, and
 deployment (RDD&D) will be critical to developing
 transformational carbon capture technologies and to driving down
 the costs of capture"; and
 WHEREAS, The Lone Star State has long been committed to a
 forward-looking energy strategy that maximizes both
 environmental quality and economic opportunity; now, therefore,
 be it
 RESOLVED, That the Senate of the State of Texas, 85th
 Legislature, hereby respectfully urge the Congress of the United
 States to enact legislation to expand and extend the current
 federal tax credit for carbon capture, utilization, and storage
 under Section 45Q of the Internal Revenue Code; and, be it
 further
 RESOLVED, That the Texas Senate respectfully urge Congress
 to provide appropriations to the United States Department of
 Energy sufficient to achieve and sustain a robust carbon capture
 research, development, demonstration, and deployment program and
 to support the inclusion of economically and environmentally
 beneficial carbon capture projects in any forthcoming federal
 infrastructure initiative; and, be it further
 RESOLVED, That the Texas Senate respectfully urge Congress
 to support policies to increase the operational efficiency, and
 thereby the environmental performance, of existing
 electric-generating units and to support the preservation of a
 fuel-diverse electric generation portfolio critical to our
 domestic economic, energy, and national security; and, be it
 further
 RESOLVED, That the secretary of the senate forward
 official copies of this resolution to the president of the United
 States, to the president of the Senate and the speaker of the
 House of Representatives of the United States Congress, and to
 all the members of the Texas delegation to Congress with the
 request that this resolution be entered in the Congressional
 Record as a memorial to the Congress of the United States of
 America.
  _______________________________
  President of the Senate
  I hereby certify that the
  above Resolution was adopted by
  the Senate on May 23, 2017, by the
 following vote:  Yeas 29, Nays 2.
  _______________________________
  Secretary of the Senate