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Lee Beck

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  • Decarbonized Fossil Energy A Round-up of Carbon Capture Projects Around The World

    2021 will be a year of climate commitments. On the fifth anniversary of the Paris Agreement, the pressure is mounting for nations to raise their ambitions and set firm commitments to reach net-zero by 2050. The nature of those commitments will dictate investment for years to come, which is why the global climate community must

    March 31, 2021
  • Decarbonized Fossil Energy U.S. Lawmakers introduce a suite of bills to support carbon capture

    WASHINGTON, March 26, 2021 – U.S. lawmakers introduced three pieces of legislation aimed at accelerating the deployment of carbon capture, removal, and storage for a net-zero U.S.   A group of Senators led by Tina Smith (D-MN) and Shelley Moore Capito (R-WV) introduced the 45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2021, a “crucial piece of legislation that optimizes the 45Q tax credit to support carbon capture, removal, and storage as a critical […]

    March 25, 2021
  • Policy U.S. House and Senate Introduce Bipartisan Scale Act – Landmark CO2 Capture, Transport and Storage Infrastructure Bill; CATF Comments

    WASHINGTON, March 17, 2021 – A bipartisan group of U.S. lawmakers led by Senators Chris Coons (D-DE) and Bill Cassidy (R-LA) and Representatives Marc Veasey (D-TX) and David McKinley (R-WV) introduced the SCALE Act (Storing CO2 and Lowering Emissions Act) today, designed to substantially scale-up carbon capture and removal on the road to net-zero emissions […]

    March 17, 2021
  • Decarbonized Fossil Energy US CO₂ Storage and Transport – The Role of the SCALE Act

    The Storing CO₂ and Lowering Emissions (SCALE) Act includes key policy pillars designed to overcome the barriers and drive CO₂ infrastructure deployment in the U.S.: The Secure Geologic Storage Infrastructure Development Program will build upon the CarbonSAFE program to provide DOE cost share for commercial CO₂ storage hubs. Increased funding for EPA Class VI CO₂ […]

    March 14, 2021
  • Policy U.S. House of Representatives Reintroduces Crucial Legislation to Optimize the 45Q Tax Credit

    WASHINGTON, February 16, 2021 – Representatives David McKinley (R-WV) and Marc Veasey (D-TX) introduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act to optimize the 45Q tax credit that supports carbon capture, removal, and storage deployment as a critical means for achieving a net-zero emissions US economy by mid-century. The bipartisan piece of legislation aims to optimize the 45Q tax credit, including […]

    February 16, 2021
  • Decarbonized Fossil Energy TEN-E Revision: Geologic storage inclusion is a must for climate neutrality

    The European Commission has released its proposed revision of the Trans-European Energy Infrastructure regulation, also known as EU TEN-E, in mid-December. The TEN-E regulation defines the criteria for the next round of Projects of Common Interest (PCI), necessitating TEN-E to be fully compliant with and enable to deliver on climate ambition. While the update and […]

    January 27, 2021
  • Decarbonized Fossil Energy CATF Statement on final 45Q Tax Credit Guidance

    CATF welcomes that after almost three years, IRS has issued final guidance on how to claim the 45Q tax credit. “The clock is ticking to reduce emissions as soon as possible to fend off the worst effects of climate change,” said Lee Beck, CCUS Policy Innovation Director, and added “carbon capture, removal, and storage developers […]

    January 7, 2021
  • Decarbonized Fossil Energy Netherlands’ SDE++ to accelerate industrial decarbonization as it closes final round of applications

    The EU has strengthened its position as a global leader on climate action by announcing targets to reduce greenhouse gas emissions by at least 55 per cent by 2030, relative to 1990 levels, and to achieve climate-neutrality by 2050. To deliver on these targets, it will be crucial for ambitious policy initiatives from member-states to […]

    December 18, 2020