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WASHINGTON WATCH NOIA

Interior’s offshore CCS framework must be: ing emissions from hard-to-abate sectors like steel, cement, • Durable — providing long-term certainty for in- and refning, industries critical to our economy, offshore vestors and operators. CCS helps preserve domestic industrial capacity instead of • Transparent — with clear leasing criteria, time- forcing production offshore.

lines, and responsibilities. The offshore energy sector has not been waiting idly. • Flexible — adaptable to new technologies, evolv- NOIA members have spent the past several years working ing best practices, and scale-up needs. through trade associations and technical groups to provide • Grounded in safety and environmental stewardship detailed recommendations to BOEM and BSEE. These in- — leveraging decades of offshore operational experience. puts cover everything from site characterization and reservoir

Just as importantly, the process for developing the rules integrity to long-term monitoring and liability frameworks.

must be open and collaborative, engaging industry, states, We appreciate recent signs of federal support, includ- and stakeholders to ensure the fnal regulations are work- ing comments from Interior leadership acknowledging the able and future-proof. importance of this issue. We encourage that momentum to

Offshore CCS isn’t just an environmental solution, it’s continue, because without regulatory clarity, the U.S. risks an economic driver. For Gulf Coast states, it means new ceding ground in a critical emerging market.

contracts for shipyards, fabrication yards, and offshore ser- The U.S. has a unique opportunity to turn one of its most vice providers. For U.S. manufacturers, it means orders for important strategic resources, the Gulf of America, into a compressors, pipelines, and monitoring systems. For port world-class hub for carbon management and more broadly a authorities, it means investments in terminals, dredging, global energy and technology leader for vast activities in the and logistics infrastructure. blue economy. Finalizing the offshore carbon storage rules is

It also strengthens America’s energy security. By reduc- the key to unlocking that future. Let’s get it done.