Home Hall grand Senator Cramer Highlights North Dakota’s Energy Leadership at Energy & Environmental Research Center’s Energizing North Dakota Event

Senator Cramer Highlights North Dakota’s Energy Leadership at Energy & Environmental Research Center’s Energizing North Dakota Event

0

***Click here for media resources***

GRAND FORKS — U.S. Senator Kevin Cramer (R-ND), a member of the Senate Environment and Public Works Committee, spoke today at the Energy & Environmental Research Center (EERC) at the University of North Dakota, highlighting North Dakota’s energy leadership. and chart a positive course for the future.

“I like to talk about the Biden administration’s 2050 fantasies colliding with our 2022 reality. If only they looked to North Dakota’s excellence, our vast resources, and our cutting-edge carbon capture efforts, we could not only meet the current moment, but exceed expectations. That is why I have led members of the administration and leaders of the financial world to see the potential for investing in the ingenuity of our state,” said Senator Cramer.

In Senator Cramer’s remarks, he provided an update on energy policy developments in Washington, DC, and highlighted North Dakota’s excellence in carbon capture innovation. He discussed 45Q tax credits, enhanced oil recovery, rare earth elements and critical mineral development, hydrogen, and the bipartisan Infrastructure Investment and Jobs Act ( IIJA). In addition to making historic investments in U.S. highways, bridges, and water infrastructure, the IIJA is increasing its support for carbon capture, nuclear, and hydrogen advancements critical to a low-carbon energy future without sacrificing reliable, low-cost systems.

“We are achieving these goals by promoting achievable 45Q tax credits, encouraging and supporting the innovation happening here on rare earth elements and enhanced oil recovery, and investing in a comprehensive energy strategy. There is an easy roadmap to energy, national and economic security at hand, but signals from the Biden administration are sending a chilling effect on US energy producers. They would rather shut down national energy production and plead despots and dictators than envision solutions and success from here in North Dakota to meet global energy demands,” continued Senator Cramer.

Energizing North Dakota also featured speakers discussing the work the EERC is doing to advance technology, the power of state energy investment, natural gas production prospects, and transportation dynamics. .

Background:

Senator Cramer has been a leader in discussing the overlap between banking and climate. As part of his lecture series called “The Bully Pulpit,” the senator hosted bank CEOs in North Dakota to discuss it. In September, he hosted Goldman Sachs CEO David Solomon for a town hall meeting with North Dakota energy producers, and in November he hosted Bank of America CEO Brian Moynihan for a town hall meeting. public on climate solutions.