Author
Lee Beck
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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…
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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…
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CATF’s Statement on UK Green Recovery Plan
CLEAN AIR TASK FORCE SUPPORTS UK GOVERNMENT’S GREEN RECOVERY PLAN FOR ITS EMPHASIS ON ADDRESSING CLIMATE CHANGE PLAN CALLS OUT CARBON CAPTURE AND HYDROGEN AS KEY TECHNOLOGIES IN CLIMATE MITIGATION EFFORTS LONDON, November 18, 2020 — Clean Air Task Force (CATF) finds a great deal of optimism in the UK government’s Green…
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As Europe Progresses Net-Zero Infrastructure US Risks Technology Leadership
Last month the International Energy Agency made headlines with a stark warning about the potential climate impacts of failing to commercialize carbon capture technologies, concluding that it will be “virtually impossible” to reach net-zero emissions without carbon capture. The IEA’s latest carbon capture report also reckoned that with ample geologic…
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Norwegian Government Proposes the Launch of Landmark Carbon Capture Project
Oslo – Clean Air Task Force welcomes the Government of Norway’s proposal to launch a carbon capture and storage project in Norway called Longship. The government white paper submitted to the Norwegian Parliament proposes to fund the carbon capture facility at the Norcem cement factory in Norway, while the second facility evaluated,…
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Clean Air Task Force Welcomes Revised 2030 EU Climate Strategy
BRUSSELS, September 17, 2020 — Today, the European Commission released a revised 2030 Climate Target Plan that calls for increased ambition in cutting greenhouse gas emissions 55% below 1990 levels, with actions necessary in all sectors. CATF welcomes the European Commission’s increased ambition on climate and the efforts to accelerate…
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Storing CO2: Planning Tomorrow’s Net-Zero Infrastructure
Experts say that carbon capture to decarbonize energy-intensive industries and reduce historical emissions is an essential part of the world’s pathway to a net-zero emissions future. What is often overlooked, however, is the urgent need to develop CO2 storage infrastructure in saline formations today. After all, how would capturing CO2 from factories or the air reduce…
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Petra Nova: De-risking Carbon Capture Business Models with Saline Storage
The carbon capture facility Petra Nova has made headlines recently when it stopped capturing CO₂. “Earlier this spring when oil prices fell, we ceased operations at Petra Nova and the delivery of CO₂ to the West Ranch Oil Field,” Chris Rimel, a spokesman of NRG, the company that runs the…
