Bipartisan legislation re-introduced on March 17 could provide game-changing support for carbon dioxide (CO2) transport and storage infrastructure that will be essential to reaching midcentury climate goals. The Storing CO2 and Lowering Emissions Act (SCALE Act), re-introduced in both chambers and led by Senators Chris Coons (D-DE) and Bill Cassidy (R-LA) in the Senate and Representatives Marc Veasey (D-TX) and David McKinley (R-WV) in the House would enable CO2 transport and storage infrastructure required to scale up carbon capture, removal, use, and storage across domestic industries, including those that are difficult to decarbonize. Continue reading »
Year-End Federal Actions to Accelerate Carbon Capture and Removal Deployment
February 9, 2021 in Carbon Management Authors: Jennifer Christensen, Lauren SchultzProspects for large-scale deployment of carbon capture technologies in the next decade improved at the end of 2020 due to actions at the federal level. First, the omnibus spending package included both a two-year extension of the 45Q tax credit and massive increases in federal support for research, demonstration, and development of the suite of carbon capture management tools: capture, removal, transport, utilization, and storage. Second, the Internal Revenue Service finalized long-awaited regulations for 45Q that will provide certainty to investors and project developers. These actions boost momentum going into 2021 to grow support for priorities needed to build projects at the speed and scale required for meeting midcentury climate goals.
Energy Act of 2020 will Advance Technologies Key to 2050 Net-Zero Carbon Goal
January 12, 2021 in News & Press Author: Jennifer ChristensenCongress passed an expansive bipartisan energy package in a year-end omnibus spending bill that will drive emissions reductions, increase jobs, support economic competitiveness, and result in the development and deployment of technologies essential to meeting 2050 climate goals. Passage of the Energy Act of 2020—the first major energy package in over a decade—signals broad support for building a net-zero carbon economy, which requires an all-hands-on-deck approach over the next decade.
GPI Welcomes Madelyn Morrison as Carbon Capture Coalition External Affairs Manager
January 8, 2021 in Carbon Management, News & Press Author: Jennifer ChristensenThe Carbon Capture Coalition announced this week the hiring of Madelyn Morrison as its external affairs manager. Madelyn joins Jessie Stolark, the Coalition’s public policy & member relations manager, as its second full-time staff member. The Coalition, which is convened by the Great Plains Institute, is a nonpartisan collaboration of more than 80 businesses and organizations building federal policy support for economy-wide deployment of carbon capture, transport, use, removal, and storage. Continue reading »
Over the past year, we’ve shared stories, news, and publications about how GPI is making progress toward our mission of transforming the energy system to benefit the economy and environment. Continue reading »
Q&A: Carbon Capture Coalition’s Jessie Stolark Shares Why Congressional Support is Critical for At-Risk Carbon Capture Projects
September 22, 2020 in Carbon Management Authors: Jennifer Christensen, Jessie StolarkThe Carbon Capture Coalition released a factsheet earlier this year on the economic and jobs creation potential in the US from commercializing carbon capture technologies. The factsheet also “details which projects are at risk for delay or cancelation if Congress fails to act on the Coalition’s recent recommendations crafted in response to the economic crisis caused by COVID-19.” Continue reading »
Carbon Capture Coalition Welcomes IRS Issuance of Proposed 45Q Rule and Requirements for Secure Geologic Storage
May 29, 2020 in Carbon Management Author: Jennifer ChristensenGreat Plains Institute Vice President and Carbon Capture Coalition Director Brad Crabtree issued the following statement responding to the Treasury Department and Internal Revenue Service issuance of proposed regulations to implement the Section 45Q tax credit. Continue reading »
Coalition Welcomes IRS Inspector General Report, Calls for Agency to Follow Coalition Recommendations to Safeguard Integrity of New 45Q Tax Credit
May 6, 2020 in Carbon Management, News & Press Author: Jennifer ChristensenGreat Plains Institute Vice President and Director of the Carbon Capture Coalition Brad Crabtree issued a statement responding to the release of a letter from the Internal Revenue Service Inspector General regarding tax credit claims under the old 45Q tax credit program. The statement was originally posted on the Carbon Capture Coalition website:
Over the past year, we’ve shared stories, news, and publications about how we’re making progress toward our mission of transforming the energy system to benefit the economy and environment. We’re energized by the progress we’ve made together with you and our many collaborators, partners, and colleagues and look forward to the year ahead.
Carbon Capture 101
December 17, 2019 in Carbon Management, Reports & Whitepapers Authors: Dane McFarlane, Elizabeth Abramson, Jennifer ChristensenCarbon capture is an essential part of GPI’s work to achieve a zero-carbon energy system by midcentury. GPI engages a broad set of interests at the state and federal levels to increase the deployment of carbon capture projects and infrastructure. We developed a carbon capture 101 fact sheet (PDF and text below) as a starting point for learning about what carbon capture is and why it’s an important economic and environmental strategy.
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