Analyze

The first section of the presentation focuses on the use of artificial intelligence to improve manufacturing and reduce carbon emissions (see 2019 report). Formosa's efforts go back to 2017, when the company was one of five business that each invested NT$30million in the creation of Taiwan’s first AI Academy, initiated by scholars at Academia Sinica (see also Lin 2018). According to the Ministry of Foreign Affairs “[t]he academy has drawn faculty from scholarly institutions ranging from Taiwan’s major universities to foreign research institutes, Academia Sinica and the Industrial Technology Research Institute, as well as from the corporate sphere, with AI managers and entrepreneurs coming in to share their real-world AI experience.” Further, they state that by 2020, FPG had trained over 100 workers through courses offered by the academy.

Slides 37-55 outline FPG's current carbon capture system in Kaoshiung and its future plans for CCS systems in Mailiao, including an experimental system of biodegradable carbon capture. These initiatives, largely through Formosa Smart Energy Corp. also attempt to use AI models to regulate carbon capture for optimal production. 

See slides 40-42 for new initiatives on carbon capture. They list plans to build deep water carbon capture pits, being sited in Yunlin as of 9.2022.

The carbon capture system they have in place at Nanya seems to have reduced the amount of naptha necessary to manufacture butyl ether, a chemical used in solvents and pesticides, through reinjection of that carbon dioxide into source feedstocks (Enhanced Oil Recovery).

“國際碳捕捉技術發展

依據全球碳捕捉與封存研究所(Global CCS Institute, CCSI)最新發布之「2022年全球碳捕捉與

封存發展現況報告(The Global Status Of CCS 2022)」，⾄2022年全球共有30個⼤型CCS綜合

專案已經營運，其中有22個採⾏強制採油技術(Enhanced oil recovery, EOR)，利⽤⼆氧化碳灌

注⾄快枯竭的油氣⽥，獲取更多殘存油氣，以增加效益，其餘8個專案封存於陸地或海洋深層

鹽⽔層，顯示現階段應⽤仍以EOR技術為主，除可減少碳排外，更可增加獲利。

自動翻譯

 Capture Technology Development

According to the "2022 Global Carbon Capture and Storage Storage Development Status Report“ (The Global Status Of CCS 2022), by 2022 there will be 30 large CCS comprehensive

The projects are already in operation, and 22 of them adopt enhanced oil recovery (EOR), using carbon dioxide irrigation. Inject into the depleted oil and gas to obtain more residual oil and gas to increase efficiency, and the remaining 8 projects are sealed in land or deep ocean

The salt water layer shows that the current application is still dominated by EOR technology, which can not only reduce carbon emissions, but also increase profits.” (Slide 38)

Heavy reliance on technosolutions to reach emission reduction and climate goals. Shift from oil as fuel to oil as material. Cooperation between industry, academic, and technical research organizations to research new carbon capture systems. Longevity of the petrochemical industry within climate politics is a high priority for FPG, but also the efficiency of petrochemical inputs. Climate change action is being pursued, but more so in capture of carbon emitted and repurposed within chemical reactions, as opposed to omitted through reductions in production

Strategic plans generated every four years include and highlight FERC motivations, goals, and emphasize key priorities the organization plans on focusing on. The newest FERC Strategic plan FY 2022-2026 demonstrates the organizations shifting focus on environmental implications and environmental justice. Compared to the previous Strategic plans from 2009 till 2022, there have been zero mentions of “environmental justice” or “environmental justice communities”. In the newest 2022-2026 strategic plan there were 24 mentions of “environmental justice” and 11 mentions of “environmental justice communities”. The newest strategic plan focuses on better examining greenhouse gas emissions by revising the analytical framework for evaluating effects of natural gas infrastructure. The newest strategic plan includes an outline to address energy security and reliability given extreme weather events, climate change and new cyber security threats. An additional priority includes improving participation in proceedings, including landowners, environmental justice communities, tribal nations, and members of the public. Their report also includes an emphasis on regulation and compliance with industry. 

The structure in which the FERC is funded is one of particular controversy, which was brought to court in 2016 by the Delaware Riverkeeper Network. The DRN alleged that the way in which the FERC was funded was inherently biased in favor of industry and violated the public's 5th amendment right. The FERC has an appropriated budget set by congress. The FERC raises revenue through the industry it regulates to reimburse and generate funding.  The lawsuit legally sided with the FERC giving the following reasons: the FERC budget has remained consistently the same, the FERC is statutorily required to eliminate under and over recovery of money, and the opposition failed ot prove it's case.

This organization works with the EPA, US Army Corps of Engineers, US Coast Guard, US Department of Energy, US Fish and Wildlife Services and other agencies on Environmental Impact Statements for new Infrastructure.

As of April 2022 the commissioners include, Commissioner James Danly, Commissioner Allison Clements, Commissioner Mark C. Christie, and Commissioner Willie L. Phillips, and Chairman, Richard Glick. Chairman and Commissioners are appointed by the President and confirmed by the Senate. Commissioners and Chair serve staggered five year terms and not more than three of the five commissioners, including the chair, can be from the same political party. Additional staffers include ~1500 employees (based on FY 2019). Staffers fulfill supplemental positions such as lawyers, engineers, economists, biologist, ecologist etc. The chairman and commissioners are at the top of the organizational structure. Administrative, Regulatory, and Litigation functions all follow. There are 13 specific departments such as the Office of Administrative Litigation, Office of Energy Policy and Innovation, Office of the External Affairs etc. all fall into one of the three functions.

FERC's mission According to the FERC government website: “Assist consumers in obtaining reliable, safe, secure, and economically efficient energy services at a reasonable cost through appropriate regulatory and market means, and collaborative efforts.” This organization as of April 2022 is operational.