CATF Articles & Posts
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Two New Senate Tax Bills Focus on System Decarbonization
Two bills introduced over the past week are looking to use tax incentives to drive technology innovation and system decarbonization: the Clean Energy for America Act (CEAA), introduced by Senate Finance Chair Ron Wyden (D-OR) and the bi-partisan Energy Sector Innovation Credit (ESIC) bill, introduced by Senate Finance ranking member Mike Crapo (R-ID) and Senator Sheldon Whitehouse (D-RI). Tax credits can play an important role in incentivizing technologies…
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Decarbonisation Hubs and The Opportunity for Deep and Rapid Carbon Reduction
As the world seeks to deliver on the complex challenge of building decarbonised energy systems, reducing CO₂ emissions from industrial operations is critical as these account for around 23% of CO₂ emissions, as per data from the International Energy Agency (IEA). Based on the current trajectory, European final energy consumption…
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CATF Supports U.S. NDC, Setting Stage for Actions to Reduce Methane Emissions and Invest in Zero-Carbon Technologies
BOSTON – Clean Air Task Force supports the newly unveiled U.S. Nationally Determined Contribution (NDC) to cut greenhouse emissions by 50 to 52% by 2030, an “appropriately ambitious goal that will boost the American economy – and whose success will hinge on aggressive regulatory actions to U.S. methane and carbon emissions as well as significantly increased federal funding for carbon-free technologies,”…
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The American Jobs Plan: What’s in it for carbon capture?
The American Jobs Plan is the largest investment proposal to commercialize carbon management technologies ever put forward by a single government. The Plan could grow US carbon management capacity by more than 13 fold¹ by 2035 while safeguarding and creating tens of thousands American jobs² and establishing the US as a global leader in innovation and decarbonization.
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Biden Administration Proposes Kick-Starting Hydrogen. That’s Good News for Climate and for Jobs.
Emission reductions across different sectors of the economy will not follow a one-size-fits-all approach. Hydrogen has been identified as a key solution that reduces carbon emissions for sectors where electrification and other measures are not sufficient. President Biden’s American Jobs Plan includes 15 hydrogen projects aimed to decarbonize a range of industrial applications in distressed communities and could create at least 18,000 jobs in 2025. This is very good news for…
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Bipartisan Support for Carbon Capture Jobs
Bipartisan support is growing for carbon capture. Both Democrats and Republicans support new efforts to enhance tax credits that reward companies for capturing CO2 and storing it underground. These credits, known as 45Q, are the primary federal policy driver for CCS. First, President Biden’s American Jobs Plan advocates 45Q enhancements…
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CATF Statement on EU Climate Targets
Climate targets are a helpful indicator of political will, and we’re happy that the European Union has made a positive step in the right direction. But the conversation has to shift from climate targets to climate action. Without significant measures to cut greenhouse gas emissions this decade, these 2050 climate…
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Profile: How Porthos is decarbonizing industry in the Netherlands
Decarbonizing industry is particularly vital for countries like the Netherlands where a significant proportion of emissions come from industrial hubs. With the revision of the Trans-European Networks for Energy (TEN-E) Regulation firmly on the climate agenda, Mark Driessen from Porthos spoke with us about the importance of recognizing CO2 storage…