Organization Seeks to Put Texas on a Path to Carbon Neutrality by 2050
HOUSTON – Corbin Robertson Jr. today launched the Carbon Neutral Coalition (CNC) to put Texas on a path to becoming carbon neutral by the year 2050. The coalition is seeking to establish the infrastructure that will incentivize the energy industry to cut their carbon emissions by utilizing Carbon Capture and Underground Storage (CCUS). The CNC will work with existing oil and gas and energy organizations to advocate that the state establish the regulatory framework to create this infrastructure.
“As consumers, government and financial investors demand cuts in carbon emissions, the oil and gas, as well as the entire energy industry, must find a way to adapt and achieve carbon neutrality,” said CNC Chairman, Corbin Robertson Jr. “The CNC will work to ensure Texas remains the global leader in energy production by establishing the infrastructure that allows these companies to safely store their carbon in a cost-effective manner.”
The effort for carbon neutrality in Texas will mean new jobs and new sectors of growth in research and development for the right solutions to produce clean energy and store carbon emissions. Reaching carbon neutrality by the year 2050 will require determined energy industry leadership, working in partnership with our elected leaders for effective incentives that foster low-cost solutions to reduce carbon emissions. Texas has led the world in energy production and economic activity and can continue to lead the new economy that is carbon neutral.
About Corbin Robertson Jr.
Corbin J. Robertson Jr. has over 40 years of global investment and operations experience in the natural resources sector. His professional career commenced in 1969 by joining Quintana Petroleum Corporation as a director and as an executive of its mining division, Quintana Minerals Corporation (QMC), and became its president in 1978. In the mid-1980s Mr. Robertson purchased QMC from the group. Mr. Robertson is currently a Managing Partner of Quintana Capital Group, an energy-focused private equity firm he co-founded with ~$1 billion AUM at its peak. He is also the Chairman and CEO of the general partner of Natural Resource Partners L.P. (NYSE: NRP) and Chairman of Quintana Energy Services, Inc. (NYSE:QES). Mr. Robertson is or has served as Chairman of the Board of the All-American Wildcatters Association, the Baylor College of Medicine, the Cullen Trust for Higher Education and the World Health and Golf Association. He is also on the boards of the American Petroleum Institute, the National Petroleum Council and the Texas Medical Center, and a member of the Texas Business Hall of Fame. He attended The University of Texas at Austin, where he earned a B.B.A. from the Business Honors Program.