The Section 45Q tax credit for carbon capture projects provides a foundational policy for increasing deployment of carbon capture projects in the US. This primer was prepared to provide a succinct overview of this important tax credit.
Why the Announcement of the World’s Largest Direct Air Capture Project is a Big Deal
June 12, 2019 in Carbon Management Author: Jennifer Christensen
Direct air capture (DAC) technology generates a mix of excitement, skepticism, and optimism as first-mover projects come online, from Iceland to the US. The technology captures carbon dioxide (CO2) from ambient air, which is then used to create products of economic value or stored geologically, thereby removing CO2 from the atmosphere. Continue reading »
Carbon Capture Coalition Releases Federal Policy Blueprint
May 21, 2019 in Carbon Management, News & Press, Reports & Whitepapers Author: Jennifer Christensen
At this week’s CO2NNECT 2019 conference, the Carbon Capture Coalition (which is co-convened by GPI) released its consensus “Federal Policy Blueprint” to “articulate a comprehensive and ambitious federal policy agenda that can help achieve the goal of economywide carbon capture deployment.” Continue reading »
Federal 48A Tax Credit Reform Needed for the US to Maintain Global Carbon Capture Leadership and Reduce Emissions
May 1, 2019 in Carbon Management Author: Patrice Lahlum
At a time when the rapid construction of new coal-fired power plants in China, India, and other emerging economies is contributing to significant global emissions growth, it is essential that the US continues to lead the way in commercial deployment of technologies to manage carbon emissions from existing power plants. Continue reading »
Innovation, Collaboration Lead to First-Ever Commercial Flight Using Low-Carbon Fuel Produced from Captured Waste Gas
January 8, 2019 in Carbon Management, Transportation & Fuels Author: Jennifer Christensen
Manchester, United kingdom – August 30, 2015: Virgin Atlantic Airways Boeing 747-443 cn 30885-1268 G-VROS moment after take off from Manchester Airport.
The power of innovation and collaboration was on full display as the first-ever transatlantic, commercial flight using fuel produced from waste gases captured at a steel plant flew from Orlando, FL to London’s Gatwick airport last fall. The flight was the result of a collaboration between Virgin Atlantic and LanzaTech, with support from their partner Boeing. Continue reading »
Governors’ Partnership for Carbon Capture Releases Letter in Support of USE IT Act
November 19, 2018 in Carbon Management, News & Press Author: Patrice Lahlum
A recently formed governors’ group aimed at advancing the development and deployment of carbon capture projects and CO2 pipeline infrastructure across the United States sent a letter to Congressional leaders today urging passage this year of the bipartisan Utilizing Significant Emissions with Innovative Technologies (USE IT) Act, S. 2602. Continue reading »
Best Public Affairs Campaign Award Goes to Carbon Capture Coalition and RENEWPR
October 29, 2018 in Carbon Management, News & Press Author: Gail Nosek
I am thrilled to share that the Carbon Capture Coalition, along with its communications partner RENEWPR, received the inaugural Best Public Affairs Campaign Award from the Cleanie Awards. The award recognizes the Coalition’s collaborative effort to garner support for the reform of the federal 45Q tax credit for carbon capture technology development and deployment, which was signed into law earlier this year.
Update: Momentum Builds on Carbon Capture with Major Announcements on Projects and Leadership Efforts
August 2, 2018 in Carbon Management Author: Jennifer Christensen
Earlier this year, landmark legislation which expands and reforms the 45Q tax credit for carbon capture and storage projects was signed into law. The legislation, titled the FUTURE Act, received broad bipartisan support in Congress from governors and other state leaders and a diverse coalition of industry, labor, and environmental supporters. Continue reading »
Federal Funding and Tax Incentives Create Opportunities for Kansas to Realize Economic Potential of Carbon Capture Utilization & Storage
July 25, 2018 in Carbon Management Author: Gail Nosek
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.
Press Release: Major Win for the Economy, Jobs, and the Environment Within New Federal Budget Bill
February 12, 2018 in News & Press Author: Gail Nosek
Great Plains Institute co-convened coalition of industry, labor, and environmental interests which boosted support for the FUTURE Act. Continue reading »
