carbon sequestration
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Legal & Regulatory
What Comes Next for Carbon Capture in the Power Industry?
Policy upheavals have cast uncertainty over the future of carbon capture and storage in the power sector, though its momentum is widely expected to continue. In November 2024, the Global CCS Institute, an
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Trends
Billions in Federal Funding Earmarked for Power Plant CCS Projects: Here’s a Snapshot
The Department of Energy (DOE) unveiled plans on Sept. 27 to inject $1.3 billion into its portfolio of federally funded carbon capture demonstration and large-scale pilot programs by the end of the year—including up to $400 million to support one commercial-scale coal power plant carbon capture and storage (CCS) demonstration. The Office of Clean Energy […]
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Press Releases
Gigaton Scale Required for Carbon Sequestration in North America
The United States and Canada are in a leadership position with carbon capture, utilization, and storage projects. The industry is developing rapidly due net zero goals and 45Q tax incentives, but companies face challenges with project staffing, equipment constraints, and regulatory permitting. Carbon capture and sequestration must reach gigaton scale in order to achieve net […]
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Coal
Keeping Coal Relevant: University of Wyoming Leads the Way
To say the coal industry faces challenges is an understatement. Coal-fired power plants are being retired around the globe as efforts to decarbonize the world’s power supply have intensified due to climate change concerns. That’s a problem for people working in the coal industry, as well as for states and governments that rely on coal […]
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Coal
Bipartisan Group Backs Extension of Carbon Tax Credit
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 […]
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Coal
The Carbon Capture and Storage R&D Frontier
Given the costs and other concerns about currently available technologies for capturing and storing carbon dioxide from fossil-fueled power plants, interest in new technologies remains high. Here’s a look at some potentially promising approaches that are advancing the technology frontier. Frontiers represent the boundary between the known and the unknown. As researchers attempt to push […]