-
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.
