GPI’s Carbon Capture Coalition Releases Federal Policy Blueprint

May 9, 2023 in Carbon Management, Reports & Whitepapers Author: Patrice Lahlum

We need federal and state policies to support carbon management technologies essential to reducing planet-warming carbon emissions in the atmosphere. In a 2023 Federal Policy Blueprint released April 24, the Carbon Capture Coalition outlines a road map on how the 118th Congress can support responsible scale-up of the carbon management industry to accomplish this. Convened by the Great Plains Institute, the more than 100 Carbon Capture Coalition members spanning industry, labor, conservation, environmental policy, and nonprofit organizations joined together to create this consensus-based federal road map. Continue reading »

EPA’s Class VI Well Program Key to Deploying CO2 Geologic Storage

February 17, 2022 in Carbon Management Author: Patrice Lahlum

mountain skyline behind field

Commercial interest in carbon management technologies and projects is growing rapidly, with nearly 90 publicly announced projects throughout the United States. More than 70 percent of the announced projects intend to store captured carbon dioxide (CO2) deep underground safely and permanently in saline geologic formations. As more projects ramp up, the need for expanded permitting capacity by federal and state authorities could dramatically increase. Continue reading »

Carbon Capture Potential Spans US

April 21, 2021 in Carbon Management Authors: Elizabeth Abramson, Patrice Lahlum

Map showing geologic storage potential across the US

Capturing and utilizing carbon dioxide (CO2) is essential to achieving a clean energy, net-zero carbon future. And reimagining the alignment of industry and infrastructure presents exciting opportunities for states and regions across the country. Deploying CO2 transport and storage infrastructure will enable key sectors of our economy to dramatically reduce their carbon emissions while sustaining and growing domestic industry, manufacturing, and energy production and the high-wage American jobs they support.  Continue reading »

CO2NNECT Virtual Series Opens by Focusing on Jobs and Carbon Capture

December 16, 2020 in Carbon Management Authors: Jill Syvrud, Patrice Lahlum

co2nnectGreat Plains Institute convened the first CO2NNECT Virtual event on December 14, which highlighted the recently released and first-of-its-kind analysis from Rhodium Group that focused on the potential job growth and economic impact of carbon capture deployment in the near- to medium-term to help meet midcentury decarbonization goals. The event included an analytical presentation by Rhodium Group followed by a reaction panel discussion moderated by former US Senator Heidi Heitkamp. Continue reading »

Analysis Shows State-Level Economic and Jobs Benefits of Carbon Capture

October 30, 2020 in Carbon Management Author: Patrice Lahlum

Men working in an industrial facilityA new state-level analysis shows that retrofitting existing facilities with carbon capture and deploying carbon dioxide (CO2) transport infrastructure can deliver jobs and economic benefits while reducing emissions across industries. The Great Plains Institute recently commissioned Rhodium Group to conduct an independent, state-by-state analysis exploring the economic benefits of carbon capture deployment opportunities in the US. GPI identified the facilities examined in this analysis as carbon capture retrofit projects with near- to medium-term feasibility. Continue reading »

Regional Industrial Initiative Releases Federal Policy Recommendations for U.S. Economic Recovery and Long-Term Emissions Reductions in American Industry

July 23, 2020 in Carbon Management, News & Press Authors: Brad Crabtree, Jill Syvrud, Patrice Lahlum

Picture of the capital building framed by trees

(Washington, D.C.) – The Industrial Innovation Initiative, an ambitious coalition of key industrial and power companies, environmental organizations, and state officials from Midwestern and Gulf Coast states focused on decarbonization solutions for the region’s most important industrial sectors, submitted recommendations to Congress today outlining measures for consideration in COVID-19-related federal economic recovery legislation. Continue reading »

45Q Tax Credit Implementation Update: IRS Releases Long-Anticipated Guidance, but Questions Remain

March 6, 2020 in Carbon Management Author: Patrice Lahlum

The Internal Revenue Service (IRS) recently released two pieces of guidance relating to the implementation of the reformed 45Q tax credit, relating to requirements defining beginning and continuous construction requirements for projects and a revenue procedure that establishes rules for business partnerships claiming the tax credit. Clarity and financial certainty on 45Q tax credit implementation is vital for carbon capture projects which­­ have a narrow window of time to begin before the credit’s January 1, 2024 deadline for beginning of construction.­­ Continue reading »