As part of the recent budget bill, 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. 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 »
Broad Coalition, Bipartisan Leadership Key to Passage of Landmark Carbon Capture Legislation
February 15, 2018 in Carbon Management Author: Brad Crabtree
The wide-ranging budget bill passed by Congress and signed by the President includes the FUTURE Act; legislation introduced last year in the U.S. Senate to reform the federal Section 45Q tax credit for capturing and storing carbon dioxide (CO2) from power plants and industrial facilities. Continue reading »
Governors Urge Congress to Enact Federal Financial Incentives for Carbon Capture
February 7, 2018 in Carbon Management, News & Press Author: Jennifer Christensen
A bipartisan group of six governors wrote to U.S. Senate and House leadership urging them to enact federal financial incentives for capturing carbon dioxide (CO2) from power plants and industrial facilities and policies to develop and finance CO2 pipeline infrastructure. Continue reading »
Consumer Savings, Price, and Emissions Impacts of Increasing Demand Response in the Midcontinent Electricity Market
January 31, 2018 in Carbon Management, Reports & Whitepapers Authors: Matt Prorok, Steve Dahlke
This paper estimates consumer savings, CO 2 emissions reductions, and price effects from increasing demand response (DR) dispatch in the Midcontinent Independent System Operator (MISO) electricity market. Continue reading »
State Work Group Urges Administration to Include CO2 Pipeline Networks in National Infrastructure Plan
January 29, 2018 in Carbon Management Author: Matt Fry
According to several news reports, President Trump plans to release an official infrastructure “blueprint” in the coming weeks. Carbon dioxide (CO2) pipeline infrastructure should be part of the Administration’s proposal. Continue reading »
Capturing and Utilizing CO2 from Ethanol: Adding Economic Value and Jobs to Rural Economies and Communities While Reducing Emissions
December 21, 2017 in Carbon Management, Reports & Whitepapers Author: Brad Crabtree
The State CO2-EOR Deployment Work Group has released a new report that explores the opportunities and potential for expanded energy production, economic development and emissions reductions from capturing and utilizing carbon dioxide (CO2) from ethanol production. The State CO2-EOR Deployment Work Group works to expand carbon capture from power plants and industrial facilities, such as ethanol plants, for use in enhanced oil recovery with geologic storage (CO2-EOR). Continue reading »
Press Release: Bipartisan, Governor-Led State Work Group Releases First-of-its-Kind Report On Carbon Capture & Ethanol
December 21, 2017 in Carbon Management, News & Press Author: Brad Crabtree
WASHINGTON, DC – A multi-state group convened by Wyoming Governor Matt Mead and Montana Governor Steve Bullock released a new, first-of-its-kind report today exploring the opportunities and potential for expanded energy production, economic development and emissions reductions from capturing and utilizing carbon dioxide (CO2) from ethanol production. Continue reading »
Please join me in welcoming GPI’s newest staff person, Jill Rook, who will be working as a program assistant with the fossil energy team. Jill brings a great deal of experience, including a Master’s of Science in Science Technology and Environmental policy from the Humphrey School of Public Affairs. Continue reading »
With Bipartisan Bill Introduction in the U.S. House, Support Broadens for Key Carbon Capture Incentive
September 22, 2017 in Carbon Management Author: Jennifer Christensen
The bipartisan support for carbon capture is strengthening with the introduction of legislation in the U.S. House to extend and reform the 45Q carbon dioxide sequestration tax credit. The bill, titled the Carbon Capture Act, would establish a performance-based incentive to capture, use, and permanently store carbon dioxide. Continue reading »
