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 »
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 »
