Carbon Capture Coalition

This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]

The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the Biden administration’s larger climate-driven policy framework. But though long-awaited, the measure has stirred up strong disappointment from the power industry. If finalized, the Treasury Department’s […]

I haven’t always believed carbon capture, utilization, and storage (CCUS) technology would play a big role in the energy transition. While I knew the technology was sound and has been used at

Adding carbon capture, utilization, and storage (CCUS) to two Xcel coal units in Colorado that are slated to be retired by 2025 would push up the cost of power if compared with replacement with wind/storage hybrids. But CCUS, which generates revenues, would still work out to be cheaper than other alternatives mandated under the company’s […]