Leveraging Enhanced Oil Recovery for Large-Scale Saline Storage of CO₂
Leveraging the demand for CO₂ from the Enhanced Oil Recovery (EOR) industry is a critical step to building out a robust ecosystem for large-scale CO₂ storage in saline sites. Frequently asked questions below provide perspective on the role that EOR plays in enabling carbon capture & storage (CCS) technologies to achieve the scale necessary for
CATF Releases Modeling Study That Shows 45Q Carbon Capture & Storage Federal Tax Credit Can Have a Major Impact On CO2 Emissions Reductions Through 2030
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 49 million metric tonnes of […]
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 impact of 45Q in the […]
Electricity Decarbonization – How’s That Working Out?
Most analyses of the requirements to stabilize the planet at warming of no more than 2 degrees Celsius above pre-industrial levels envision a zero-carbon-emitting electric grid at or before 2050.
Taking Carbon Capture to the Next Level
Imagine a world where there is broad bi-partisan support in Congress for legislation that would drive the development and deployment of a technology that’s crucial for combating global warming and, at the same time, creating a near-zero-carbon path forward for fossil fuels.
Climate Change and Energy: We Need a Big Boat
You may remember a scene in the movie Jaws where the local police chief, having glimpsed the gigantic shark up close from back of the deck, reels back into the cockpit to observe: “You’re going to need a bigger boat.” Wringing all the carbon out of the system would be hard enough if world energy […]