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Decarbonized Fossil Energy

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  • Decarbonized Fossil Energy Climate Crisis Report Highlights Six Needs for Innovation, Carbon Capture

    The House Select Committee on the Climate Crisis released its long-anticipated Action Plan last week, providing a pathway and policy recommendations for reducing emissions to net-zero by mid-century and prevent the worst effects of climate change. With the inclusion of carbon capture technologies as able “to drastically reduce pollution from multiple industry subsectors by capturing emissions associated with both energy use and chemical processes” the report echoes recent conclusions

    July 7, 2020
  • News & Media CATF Statement on Release of IRS Guidance for 45Q Tax Credits for Carbon Capture Projects

    Kurt Waltzer, Managing Director, Clean Air Task Force, has issued the following statement: “CATF welcomes the long-awaited IRS guidance on 45Q tax credits. With it, CCS developers can move ahead on projects with certainty as to how the credits will be administered.  As the IPCC has noted, large scale deployment of CCS is necessary to […]

    May 29, 2020
  • Decarbonized Fossil Energy U.S. Department of Energy Goes Deep, Investing in Geologic Carbon Storage

    The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) made an important decision in late April to fund five CarbonSAFE project applications for a total of $85 million. These five projects are part of the Carbon Storage Assurance Facility Enterprise (CarbonSAFE), a NETL initiative to further the development of regional commercial-scale geologic storage sites […]

    May 11, 2020
  • Decarbonized Fossil Energy Do it right – the IRS shows why it pays to comply with storage standards

    Thanks to Senator Robert Menendez’s (D-NJ) persistent efforts, the IRS just provided him with details on how it is enforcing compliance with the 45Q tax credit for carbon capture, utilization and storage (CCUS). The IRS letter underscores the importance of transparency and appropriate oversight of geologic storage as a part of deploying this technology necessary […]

    April 30, 2020
  • Decarbonized Fossil Energy The Status of Carbon Capture Projects in the U.S. (And What They Need to Break Ground)

    In February 2018, the U.S. Congress passed the Bipartisan Budget Act, which included the expansion and extension of the 45Q tax credits for carbon capture utilization and storage (CCUS.) The updated incentive was designed to be much more effective in driving new CCUS projects and immediately generated private sector interest. Just a few months later, […]

    April 22, 2020
  • Decarbonized Fossil Energy Can Carbon Capture Achieve 99+% CO2 Removal from Industrial and Power Plants?

    Scientific studies of climate change have reached a sobering conclusion.  It won’t be enough just to make deep reductions in carbon dioxide releases. By the second half of this century, all CO2 emissions must be removed from the energy system. This requirement means capturing 90% of the CO2 emissions from power plants and industrial facilities […]

    April 14, 2020
  • Decarbonized Fossil Energy National Petroleum Council Issues Positive Report on CCUS

    CATF says we can keep costs down and innovation up. The National Petroleum Council (NPC) released its new report on carbon capture, transport and storage this week. The report underscores the importance of carbon capture and identifies policies that would make the technology widespread across the industrial and power sectors. In the short-term, the report […]

    December 13, 2019
  • Decarbonized Fossil Energy Carbon Capture, Utilization and Storage: Four Critical Policy Goals

    The Global Carbon Capture and Storage Institute (GCCSI) has just released its latest annual report with some positive news about new projects, but at the same time, presenting a clear-eyed view on how far and how quickly we must proceed if carbon capture, utilization & storage (CCUS) is to play a critical role in addressing […]

    December 9, 2019