The USE IT Act: Advancing Innovative Carbon Capture Projects & Infrastructure

September 26, 2018 in Carbon Management Author: Jennifer Christensen

There’s growing global recognition that technologies which capture carbon, and in some cases remove it from the atmosphere, will be vital to achieving a decarbonized economy. There is also increasing interest in these technologies given their potential economic value since carbon can be used to develop products through beneficial use or conversion. Continue reading »

Update: Momentum Builds on Carbon Capture with Major Announcements on Projects and Leadership Efforts

August 2, 2018 in Carbon Management Author: Jennifer Christensen

 

Earlier this year, landmark legislation which expands and reforms the 45Q tax credit for carbon capture and storage projects was signed into law. The legislation, titled the FUTURE Act, received broad bipartisan support in Congress from governors and other state leaders and a diverse coalition of industry, labor, and environmental supporters.   Continue reading »

Event Preview: Road Map to Decarbonization in the Midcontinent

July 20, 2018 in Carbon Management Author: Jennifer Christensen

The full road map and accompanying interactive website can be found here. Read on for details about the road map. The archived webcast from the event can be viewed in the playlist below

What if policy makers had a road map for decarbonizing the energy system? In the Midcontinent region of the US, a group of stakeholders including investor-owned utilities, merchant power companies, electric cooperatives, environmental groups, and state regulators has begun development of such a road map for decarbonization by 2050.

The stakeholder group, called the Midcontinent Power Sector Collaborative, is releasing the first part of the road map which focuses on decarbonizing the electricity sector. An event to release and discuss the road map will take place on July 24, 2018 in Milwaukee, WI.

Continue reading »

Before & After: How the FUTURE Act Reformed the 45Q Carbon Capture and Storage Tax Credit

March 5, 2018 in Carbon Management Author: Jennifer Christensen

As part of a larger budget bill earlier this year, Congress passed legislation to expand and reform a key tax credit called 45Q for deployment of carbon capture and storage projects in the United States. The legislation, introduced in 2017 as the FUTURE Act, received broad bipartisan support in Congress and was supported by state leaders and by an unprecedented coalition called the Carbon Capture Coalition. Continue reading »