Do it right – the IRS shows why it pays to comply with storage standards
Thanks to Senator Robert Menendez’s (D-NJ) persistent efforts, the IRS just provided him with details on how it is enforcing compliance with the 45Q tax credit for carbon capture, utilization and storage (CCUS). The IRS letter underscores the importance of transparency and appropriate oversight of geologic storage as a part of deploying this technology necessary
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 Statement on Murkowski, Manchin CCUS Legislation
Clean Air Task Force supports Senators Manchin and Murkowski in their efforts to expand support for transformational carbon capture utilization and storage technologies in the proposed Enhancing Fossil Fuel Energy Carbon Technology Act. CATF supports the bill’s goal of creating four new programs to further develop transformational CCUS technologies for coal- and gas-fueled power and […]
Trump EPA’s Proposed Revision to New Power Plant Carbon Dioxide Standards is Worse than Business as Usual
The Clean Air Act, as well as regard for our future, demand that new power plants install the best pollution controls.
Deep Thinking on Geology and the Rollback of the Clean Power Plan
If you’re like me, you’re alarmed by the regulatory rollbacks that are undermining health and environmental protections that we have enjoyed in the United States. One such rollback is EPA’s proposal to replace the Obama-era Clean Power Plan, the regulatory requirements that would reduce emissions from coal-fired power plants, with the “Affordable” Clean Energy (ACE) rule.
California’s CO2 Reduction Program Opens Doors to CCS
In September, California Air Resources Board voted on including CO2 reductions from Carbon Capture and Sequestration technologies under its Low Carbon Fuel Standard Program by incorporating a CCS Protocol into the regulation. Credits under the LCFS program stacked with the 45Q tax credit for CCS make CO2 reductions worth between approximately $135 and $150 per […]
CATF Statement on Carbon Capture and Storage Advocacy
The Clean Air Task Force is pleased to be participating in the next level of joint advocacy on carbon capture and storage development and deployment in the US. As studies from the Intergovernmental Panel on Climate Change (IPCC) have indicated, CCS is an essential tool for limiting global warming.
CATF Statement on Passage of 45Q Legislation
Early this morning, the U.S. Congress took a landmark step by passing one of the most important bills for reducing global warming pollution in the last two decades.