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Carbon Capture
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CATF Comments on the Revision of the TEN-E Regulation
CATF welcomes the European Commission’s climate ambition, leadership on decarbonization and innovation, and pursuit of policies to decouple greenhouse gas emissions from economic growth. CATF also strongly supports the EU’s ambition to become climate neutral by 2050, and welcomes the revision of the TEN-E regulation to ensure compatibility with the…
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Climate Crisis Report Highlights Six Needs for Innovation, Carbon Capture
The House Select Committee on the Climate Crisis released its long-anticipated Action Plan last week, providing a pathway and policy recommendations for reducing emissions to net-zero by mid-century and prevent the worst effects of climate change. With the inclusion of carbon capture technologies as able “to drastically reduce pollution from multiple industry subsectors by capturing emissions associated with both energy use…
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Congress Passes Major Climate and Infrastructure Package to Support Innovation and Clean Energy Economy
Yesterday, the House passed the first bill to ever put climate change at the center of an infrastructure framework. Clean Air Task Force welcomes numerous provisions that show strong and bipartisan support for clean energy and climate action, including direct pay and extension of commence-construction windows for clean technologies and carbon…
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CATF Comments EU 2030 Climate Plan Strategy
The Clean Air Task Force submitted comments on the European Commission’s efforts to increase climate ambition, and the EU’s pursuit of policies to decouple greenhouse gas emissions from economic growth.
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CATF Statement on Release of IRS Guidance for 45Q Tax Credits for Carbon Capture Projects
Kurt Waltzer, Managing Director, Clean Air Task Force, has issued the following statement: “CATF welcomes the long-awaited IRS guidance on 45Q tax credits. With it, CCS developers can move ahead on projects with certainty as to how the credits will be administered. As the IPCC has noted, large scale deployment…
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U.S. Department of Energy Goes Deep, Investing in Geologic Carbon Storage
The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) made an important decision in late April to fund five CarbonSAFE project applications for a total of $85 million. These five projects are part of the Carbon Storage Assurance Facility Enterprise (CarbonSAFE), a NETL initiative to further the development of…
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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…
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The Status of Carbon Capture Projects in the U.S. (And What They Need to Break Ground)
In February 2018, the U.S. Congress passed the Bipartisan Budget Act, which included the expansion and extension of the 45Q tax credits for carbon capture utilization and storage (CCUS.) The updated incentive was designed to be much more effective in driving new CCUS projects and immediately generated private sector interest….
