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Carbon Capture
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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…
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Achieving a Near-Zero Carbon Power Grid: Presentation to the New Mexico Legislature, Senate Conservation Committee
To address climate change, we need a near-zero carbon power system by mid-century. Our chances of reaching this goal are much better if, in addition to using renewables, we have the option to use a diversity of low carbon power sources, including firm sources. Public policies today should not foreclose…
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The New Economics of Carbon Capture: Lower Costs, More Revenue
The next CCS coal retrofits promise to be a lot cheaper. Last year, after the successful Petra Nova retrofit of the W.A. Parish Plant, NRG stated that the next retrofit would be 20% cheaper. They know from building the first plant where to eliminate “overkill” in the system and where to gain efficiencies that shrink the size of expensive components.
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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.
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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…
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New US Tax Incentives for Carbon Capture Utilization and Storage: The FUTURE Act
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Welcome to the New World of 45Q
The adoption by Congress of the FUTURE Act in February was a major step toward ensuring that carbon capture, utilization and storage (CCUS) can be an important tool in the kit for addressing global warming.
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Why Subpart RR?: The Role of Subpart RR of EPA’s Greenhouse Gas Reporting Rule in Validating Secure Geologic Storage
The Greenhouse Gas Reporting Program Subpart RR and why it is essential to complement the requirements of the Safe Drinking Water Act’s Underground Injection Control Program to ensure secure geologic carbon dioxide storage and robust accounting.