Letter: Taxpayers and ratepayers should be wary of carbon capture schemes
Johnson writes, "If expanded, the 45Q tax credits would greatly incentivize the burning of more coal and oil, and producing more ethanol to get more CO2, and more tax credits. It would make the taxpayer essentially responsible for paying for cleanup of the polluterโs pollution and the polluters would get very rich from the tax credits."
Source: inforum.com