45Q

The Department of Energy’s (DOE’s) abrupt termination of 24 previously awarded projects—including four prominent power-related carbon capture projects— will rescind $3.7 billion in financial assistance from its Office of Clean Energy Demonstrations (OCED). In a terse press release on May 30, the DOE cited “a thorough and individualized financial review” in its justification for canceling […]

President Biden signed the bipartisan Infrastructure Investment and Jobs Act (IIJA) into law late last year, cementing his administration’s support for carbon management technologies and their essential role

The current geopolitical crisis spurred by the Russian invasion of Ukraine should provide a rude awakening in the West to our misguided and flawed policies toward energy development by government and major

A bipartisan group of U.S. senators has announced plans to reintroduce legislation called the FUTURE Act, which would extend and expand the federal 45Q tax credit for carbon dioxide capture and sequestration. The bill has the support of both fossil fuel companies and environmental groups. At present, the 45Q provision awards $10 per metric ton […]