FOR IMMEDIATE RELEASE July 24, 2018
Federal Funding and Tax Incentives Create Opportunities for Kansas to Realize Economic Potential of Carbon Capture Utilization & Storage
Policy, industry, & research leaders gather to push potential projects forward at pivotal time
LAWRENCE, KS – The Department of Energy has announced $13.3 million in funding paving the way for major carbon capture and storage projects in Kansas and Nebraska with considerable potential benefits to Kansas workers and its economy. This comes after a major win for carbon capture and storage (CCS) in the federal budget bill signed into law just months ago.
FOR IMMEDIATE RELEASE
Earlier this month I 

A handful of North Dakota state legislators recently put forth a proposal to tap into the principal of the state’s constitutionally-established Legacy Fund to establish a loan program for infrastructure projects. The plan is expected to come before the 2019 State Legislature and will likely be one of many ideas and proposals that surface in the coming months which aim to utilize either the earnings or a portion of the principal of the Fund.
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.
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 