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Proposed 45Q Tax Credit Reform Could Give a Big Boost to Carbon Capture Projects


Proposed 45Q Tax Credit Reform Could Give a Big Boost to Carbon Capture Projects
by
Emeka Ochu
|May 6, 2021
A pair of coal trains idle on the tracks near Dry Fork Station, a coal-fired power plant being built by the Basin Electric Power Cooperative near Gillette, Wyoming, in April 2010. (AP Photo/Matthew Brown)
A critical aspect of President Biden’s $2 trillion American Job Plan focuses on mobilizing private capital to invest in clean energy production and deployment in order to achieve 100 percent carbon-free electricity production by 2035. These investments are crucial to his strategy to meet the ambitious new national commitments to the Paris agreement and keep global average temperature to a 1.5 degree C limit. The plan earmarks $15 billion to fund clean energy demonstration projects, including carbon capture and storage, and $46 billion in federal buying power, including of recycled CO2. To spur the expansive deployment of carbon capture, ut ....

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Singapore Faces Biggest-Ever Succession Planning Challenge


Singapore Faces Biggest-Ever Succession Planning Challenge
Bloomberg
16 hrs ago
Faris Mokhtar
(Bloomberg) The rumblings started shortly after Singapore’s ruling party won 89% of seats in last year’s election.
What would be hailed as a fantastic outcome in most places amounted to the worst parliamentary performance ever for the People’s Action Party, which has been in power since the country’s independence in 1965, one of the longest uninterrupted stretches for any party around the world.
Even more troubling, it could be viewed as a lack of enthusiasm for Heng Swee Keat, who had become heir apparent to Prime Minister Lee Hsien Loong in a carefully managed succession plan. ....

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