A bill introduced in the Legislature could help fund and demonstrate the technology for companies that are hesitant about investing. SB 905, co-authored by Sen. Nancy Skinner, would fund one to five pilot projects at cement plants by 2026 to capture carbon dioxide and store it geologically. The projects would have “unknown ongoing costs, up to the low millions of dollars annually,” according to the Senate’s analysis.
Skinner, a Democrat from Oakland, said cement is a critical building material so the state should invest public dollars in some of these projects to encourage the industry to keep operating in California. The industry is projected to grow by as much as 40% by 2040, according to the Global Efficiency Intelligence report.
“If we don’t assist the cement industry in California to become less carbon intensive or emit less greenhouse gases, then, in fact, we’ll be driving the industry out of our state,” she said. “Then we’ll be dependent on cement from elsewhere and that cement will have far more carbon content.”
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