photobioreactor – Advanced BioFuels USA
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Congress Extends Carbon-Capture Incentives – Free Press of Jacksonville
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Congress Extends Carbon-Capture Incentives
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WASHINGTON – While renewable energy is seeing significant growth across the country and around the world, supporters of coal are still finding backers in Congress who included key support for the industry in the federal government’s year-end spending plan.
In legislation that brought together economic stimulus programs along with continued funding of the federal government, Congress included several provisions that would advance so-called carbon capture, utilization and storage (CCUS) technology, which offers the potential to use coal for electricity production while significantly reducing carbon emissions.
Specifically, the legislation extends and expands key tax credits for CCUS technology that can help fund the nascent technology as researchers, utilities and other energy concerns continue developing it for wide-scale commercial use. Since the legislation passed, the Int