On July 26th, the Atlantic Council’s Energy and Environment Program hosted a discussion with Vello A. Kuuskraa and Michael Moore, internationally recognized experts on CO2 enhanced oil recovery (EOR) and carbon markets. Pamela Tomski, senior fellow for the Energy and Environment Program, moderated the discussion.
In the absence of US legislative action on climate policy, there has been a shift in US policy emphasis from carbon capture and storage (CCS) technology to CCUS with the “U” for “utilization” for EOR. This briefing investigated current domestic carbon and oil market dynamics, examined the potential for CO2 EOR, and addressed the challenges of implementing large-scale EOR with CO2 capture and storage. It also outlined supportive policies and actions that could accelerate the integrated use of CO2 EOR and CCS.
A discussion with
Vello A. Kuuskraa
President and Chairman of the Board
Advanced Resources International, Inc.
North American Carbon Capture and Storage Association
Vice President of Business Development and External Affairs
Blue Strategies, LLC
Senior Fellow, Energy and Environment Program
Vello A. Kuuskraa is the President and Chairman of the Board for Advanced Resources International, a company that has pioneered unconventional oil and gas resource development in the U.S. and globally. He has over 40 years of experience in the oil and gas industry and is a recognized expert on technologies for economically producing unconventional oil and gas, particularly CO2 enhanced oil recovery.
Michael Moore is the Executive Director of the North American Carbon Capture and Storage Association and Vice President of Business Development and External Affairs at Blue Strategies, LLC. He has extensive experience in the development of commercial CCUS opportunities and asset development within CO2 EOR as well as advocacy work related to CCUS legislation at the federal and state levels. Mr. Moore is also a founding board member of the Texas Carbon Capture and Storage Association and the Coalition for Commodity CO2.