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Incentives for CO2 Avoided: Comparison of Renewables Production Tax Credit and Proposed 45Q Legislation

December 19, 2017 Category: Industry, Policy

The PTC has been offered to power developers since first adopted in the Energy Policy Act of 1992. During that time period, the levelized cost of electricity from wind power has dropped nearly 2/3rds . The proposed changes to section 45Q are similarly focused on moving carbon capture and storage down the cost curve.