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Work Area: Carbon CaptureRegion: U.S.Content Type: Article
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Six Key Ways Petra Nova Has Shown That Carbon Capture Works
Why Petra Nova Matters: In Asia, there are 600 GW of coal power plants that are under ten years old. These plants will likely operate for decades before closing. By then, it will be too late to address climate change unless they install carbon capture. The Petra Nova project shows that carbon dioxide capture and sequestration works on a commercial scale. Petra Nova’s example can be replicated not just on other coal plants but also on cement, steel, and gas power plants.
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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…
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CATF launches Carbon Capture Projects Interactive Map
CATF launches carbon capture projects interactive map on eve of Senate EPW hearing to examine development and deployment of large-scale carbon dioxide management technologies.
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Interactive Map of CCUS Projects in Development in the U.S.
The expanded and extended 45Q tax credit for carbon capture, utilization and sequestration (CCUS) projects passed by the U.S. Congress in early 2018 is the most significant carbon capture-specific incentive available, globally, and is spurring the progress of dozens of projects around the country. Other nations that are looking to…
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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…
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Congress Passes Major Climate and Infrastructure Package to Support Innovation and Clean Energy Economy
Yesterday, the House passed the first bill to ever put climate change at the center of an infrastructure framework. Clean Air Task Force welcomes numerous provisions that show strong and bipartisan support for clean energy and climate action, including direct pay and extension of commence-construction windows for clean technologies and carbon…
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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…
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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…
