Americas > Enhanced federal tax credit under US climate bill seen fuelling CCS projects

Enhanced federal tax credit under US climate bill seen fuelling CCS projects

Published 22:58 on September 8, 2022  /  Last updated at 02:49 on September 10, 2022  / William Koblensky Varela /  Americas, International, US, Voluntary

The US Inflation Reduction Act (IRA) could open the door to far more carbon capture and storage (CCS) projects in the country, despite the federal tax credit for the technology predating the landmark climate bill, industry representatives said Thursday.
The US Inflation Reduction Act (IRA) could open the door to far more carbon capture and storage (CCS) projects in the country, despite the federal tax credit for the technology predating the landmark climate bill, industry representatives said Thursday.


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