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Lee Beck

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  • 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
  • Carbon Capture 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
  • Carbon Capture 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
  • Carbon Capture 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
  • News & Media CATF Statement On Landmark CO2 Infrastructure Bill Introduced In Us House Of Representatives

    WASHINGTON, Dec. 16, 2020 – Today in the US House of Representatives, four Members of Congress introduced a landmark bill to advance essential infrastructure to enable carbon capture, utilization, removal, and storage as a critical means of reducing CO2 from hard-to-decarbonize sectors on the road to net- zero emissions by mid-century. The SCALE Act (Storing […]

    December 16, 2020
  • Carbon Capture CATF Statement on the European Commission’s TEN-E Revision

    Today, the European Commission released its revision of the Trans-European energy infrastructure regulation, otherwise known as the TEN-E regulation. The Clean Air Task Force (CATF), a climate and energy research and advocacy organization with offices in the US and Europe, applauds the Commission’s progress on this regulation. CATF supports the European Commission for its climate […]

    December 15, 2020
  • News & Media Senate, House Introduce Crucial Legislation to Optimize 45Q Tax Credit for Carbon Capture Projects

    WASHINGTON, Dec. 8, 2020 – Yesterday, seven US senators introduced the 45Q Carbon Capture Utilization and Storage Tax Credit Amendments Act of 2020 to optimize the 45Q tax credit that supports carbon capture and storage deployment as a critical means for achieving a net-zero emissions US economy by mid-century. The Senate introduction comes on the heels of the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS […]

    December 8, 2020
  • Technology Seven Carbon Capture Policy Priorities for the Biden-Harris Administration

    “We should be moving toward finding the new technologies that are going to be able to deal with carbon capture”, said President-elect Joe Biden in his town hall conversation, identifying carbon capture technologies as crucial to a pathway to deliver regional economic opportunities, create jobs, and achieve net-zero emissions by mid-century. It was probably the […]

    December 4, 2020