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Carbon Capture
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The American Jobs Plan: What’s in it for carbon capture?
The American Jobs Plan is the largest investment proposal to commercialize carbon management technologies ever put forward by a single government. The Plan could grow US carbon management capacity by more than 13 fold¹ by 2035 while safeguarding and creating tens of thousands American jobs² and establishing the US as a global leader in innovation and decarbonization.
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Bipartisan Support for Carbon Capture Jobs
Bipartisan support is growing for carbon capture. Both Democrats and Republicans support new efforts to enhance tax credits that reward companies for capturing CO2 and storing it underground. These credits, known as 45Q, are the primary federal policy driver for CCS. First, President Biden’s American Jobs Plan advocates 45Q enhancements…
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Profile: How Porthos is decarbonizing industry in the Netherlands
Decarbonizing industry is particularly vital for countries like the Netherlands where a significant proportion of emissions come from industrial hubs. With the revision of the Trans-European Networks for Energy (TEN-E) Regulation firmly on the climate agenda, Mark Driessen from Porthos spoke with us about the importance of recognizing CO2 storage…
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Profile: Fortum Oslo Varme on the role of shipping in European carbon capture projects
Fortum Oslo Varme joined us for a chat on their plans to implement the first full-scale carbon capture and storage project capturing flue gas CO2 from a waste-to-energy plant. European carbon capture projects like this are impacted by the EU regulatory framework – including TEN-E – which is why we…
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A Round-up of Carbon Capture Projects Around The World
2021 will be a year of climate commitments. On the fifth anniversary of the Paris Agreement, the pressure is mounting for nations to raise their ambitions and set firm commitments to reach net-zero by 2050. The nature of those commitments will dictate investment for years to come, which is why…
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U.S. lawmakers introduce a suite of bills to support carbon capture
WASHINGTON, March 26, 2021 – U.S. lawmakers introduced three pieces of legislation aimed at accelerating the deployment of carbon capture, removal, and storage for a net-zero U.S. A group of Senators led by Tina Smith (D-MN) and Shelley Moore Capito (R-WV) introduced the 45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2021, a “crucial piece of legislation that optimizes the…
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The SCALE Act Fact Sheet
The Storing CO₂ and Lowering Emissions (SCALE) Act includes key policy pillars designed to overcome the barriers and drive CO₂ infrastructure deployment.
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Introduction of a Bipartisan Scale Act – Landmark CO2 Capture, Transport and Storage Infrastructure Bill
WASHINGTON, March 17, 2021 – A bipartisan group of U.S. lawmakers led by Senators Chris Coons (D-DE) and Bill Cassidy (R-LA) and Representatives Marc Veasey (D-TX) and David McKinley (R-WV) introduced the SCALE Act (Storing CO2 and Lowering Emissions Act) today, designed to substantially scale-up carbon capture and removal on…
