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 »
The Biogenic Carbon Utilization Initiative focuses on developing market opportunities to use or store carbon dioxide (CO2) generated when forest or farm-based feedstocks are processed. Utilizing naturally occurring CO2 as a revenue stream provides a meaningful opportunity to generate negative emissions while maintaining important industrial economies. Continue reading »
Last week, a quarter of the U.S. Senate came together in bipartisan fashion to cosponsor legislation that has the potential to spark deployment of critical carbon capture projects that would have important environmental, energy, and economic benefits for the country. Continue reading »
The State CO2-EOR Deployment Work Group has released a new report that outlines the opportunities and challenges for integrating power plants with carbon capture into the nation’s wholesale electricity markets. The State CO2-EOR Deployment Work Group works to expand carbon capture from power plants and industrial facilities for use in enhanced oil recovery with geologic storage (CO2-EOR). Continue reading »
WASHINGTON, DC – A multi-state group co-convened by Wyoming Governor Matt Mead and Montana Governor Steve Bullock released a new report today outlining the opportunities and challenges for integrating power plants with carbon capture into the nation’s wholesale electricity markets. The State CO2-EOR Deployment Work Group works to expand carbon capture from power plants and industrial facilities for use in enhanced oil recovery with geologic storage (CO2-EOR). Continue reading »
Today, companies and organizations that the Great Plains Institute works with jointly released a list of carbon capture projects and CO2 pipelines in a broader national infrastructure initiative and portfolio of projects, together with extension and reform of the Section 45Q tax credit and adoption of tax-exempt private activity bonds and other financial incentives to support carbon capture deployment. Continue reading »
Over the last two years, the Great Plains Institute has gathered leaders at our annual Energy Innovation Collaboratory to think strategically about the trajectory of our common energy future and how to move forward on identified energy and climate game changers. Continue reading »
The 2017 North Dakota legislature faces a tough predicament as they work to finalize budgets and funding levels for the 2017-2019 biennium. March 2017 projections developed by the State Office of Management and Budget show projected general fund revenue shortfalls of more than $100 million. Continue reading »
The Great Plains Institute staffs the State CO2-EOR Deployment Work Group on behalf of Wyoming Governor Matt Mead and Montana Governor Steve Bullock. Continue reading »
The State CO2-EOR Deployment Work Group recommends that President Trump and Congress incorporate the development of long-distance, large-volume carbon dioxide (CO2) pipelines as a priority component of a broader national infrastructure agenda. The state officials, industry leaders and other experts in the Work Group launched their work in 2015 with the development and deployment of carbon capture and CO2 pipeline infrastructure as a top priority. Thus, Work Group members and participating states support the Administration and Congress’ new focus on our nations’ infrastructure, and they would welcome the opportunity to be partners in this effort. Continue reading »
