Ex-Fossil Fuel Regulator Appointed by Trump Joins Carbon Capture Firm

Neil Chatterjee, then-chairman of the Federal Energy Regulatory Commission, speaks onstage during the 2019 Concordia Annual Summit at Hyatt Grand Central New York on September 23, 2019, in New York City.the appointment of Neil Chatterjee to its board of directors — sparking fresh criticism of technology to capture and store carbon dioxide, the former U.S. regulator, and the revolving door between government and industry.

CarbonCapture Inc.’s statement on Chatterjee celebrates his “deep ties in Washington and across the industry,” saying that “in his time on Capitol Hill and at FERC, he established a reputation as a bipartisan operator who built alliances and cut through red tape.”The company’s CEO, Adrian Corless, said that Chatterjee’s “deep understanding of the energy landscape in the U.S.

“Carbon capture has a long history of failure in the real world, but these companies have had great success in securing billions in government handouts,” Walsh said. In terms of Chatterjee’s appointment, he added that “this move is intended to make sure policymakers continue to make bad bets on carbon capture ever working.”

Source: News Formal (newsformal.com)

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