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CATF Releases Modeling Study That Shows 45Q Tax Credit Can Have a Major Impact On CO2 Emissions Reductions
Clean Air Task Force (CATF) today released a comprehensive report on the near-term implications of the federal tax credit (45Q) for carbon capture and storage (CCS) projects. The study found that, as a result of tax credit legislation known as 45Q, which was extended and expanded in early 2018, nearly…
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Carbon Capture & Storage in the United States Power Sector
This new report is based on a CATF-led U.S. power sector modeling study, which finds that 45Q federal tax credits for carbon capture & storage (CCS) can have a significant impact on CO2 emissions reductions by 2030.
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CCS Could Reduce 49 Million Tonnes of CO2 Emissions From Coal & Gas Power Plants
This time last year, the U.S. Congress passed a bipartisan bill called the Bipartisan Budget Act, which expanded and extended the 45Q federal tax credits for carbon capture and storage (CCS.) Happy anniversary, 45Q! As we entered a new world of 45Q, CATF took on the task of quantifying the…
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Clean Air Task Force Statement in Support of Green New Deal
“Clean Air Task Force applauds the introduction of the Green New Deal resolution announced by Senator Markey and Representative Ocasio-Cortez today, and its call to achieve net zero greenhouse gas emissions. Dramatic action is needed to reduce the enormous risk posed by the accumulation of greenhouse gases in the Earth’s atmosphere….
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Achieving a Near-Zero Carbon Power Grid: Presentation to the New Mexico Legislature, Senate Conservation Committee
To address climate change, we need a near-zero carbon power system by mid-century. Our chances of reaching this goal are much better if, in addition to using renewables, we have the option to use a diversity of low carbon power sources, including firm sources. Public policies today should not foreclose…
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The ExxonMobil Statement on Proposed Methane Standards: A Closer Look
“Exxon urges EPA to maintain methane rules,” proclaimed the Houston Chronicle on December 20. Reuters was even more celebratory: “Exxon Mobil opposes weakening Obama-era emission rules: letter to EPA.” From these headlines and other news articles on ExxonMobil’s comments filed in response to the Administration’s proposal to dramatically weaken the…
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Trump to America’s Children: It’s Coal for You This Year!
U.S. EPA today announced yet another regulatory rollback holiday gift to the coal industry. While the country is distracted by recycling gift boxes and post-holiday sales, EPA quietly proposed to find that it is not “appropriate” to regulate the toxic air emissions from the nation’s coal- and oil-fired power plants….
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Passage of the Nuclear Energy Innovation and Modernization Act
WASHINGTON – Clean Air Task Force welcomes the passage into law of the Nuclear Energy Innovation and Modernization Act (NEIMA). To fully decarbonize the global economy, it is essential that we will need to preserve both existing nuclear plants and build advanced nuclear reactors. NEIMA’s objectives support both of these….
