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, utilization, and sto
Coal-rich Wyoming eyes net-zero emissions Is that possible? - Governors Wind Energy Coalition
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LEGISLATION TO MODERNIZE 48A TAX CREDIT FOR CCUS RETROFIT PROJECTS
DEVILS LAKE NEWSROOM REPORT
Devils Lake – Senators John Hoeven (R-N.D.) and Tina Smith (D-Minn.) and Representative David McKinley (R-W.Va.) reintroduced the Carbon Capture Modernization Act, bicameral, bipartisan legislation to modernize the Section 48A tax credit for coal facilities to better support the use of carbon capture, utilization and storage (CCUS) technology. The Section 48A tax credit was first established in 2005, and certain CO2 capture projects were made eligible in 2008, however, updates to the credit are needed to help make CCUS retrofit projects, like Project Tundra in North Dakota, eligible for the tax credit.
Federated announces scholarship winners
th annual $1,000 Federated/Basin Scholarships. This is the 12
th year that two students were selected. In addition, this year a third student was selected in place of Federatedâs Youth Tour trip to Washington, D.C., which was cancelled due to the pandemic.
Mackenzie Henning, Jackson, receives a $1,000 Basin/Federated scholarship. Henning is a senior at Jackson County Central High School. Henning intends to go to South Dakota State University and will double major in biotechnology and ag science. She is the daughter of Brad and Ann.
Nathaniel Post, Lakefield, receives the $1,000 Federated/L&O/Basin Scholarship. Post is a freshman at South Dakota State University; he is majoring in agriculture engineering and minoring in precision ag. Post is the son of Eric and Barb. He graduated from Jackson County Central High School last spring.
State health officials say all coal ash disposal sites comply with regulations.
Written By:
Patrick Springer / Forum News Service | 10:46 am, Mar. 11, 2019 ×
The coal ash disposal landfill for Minnkota Power Cooperative s Milton R. Young Station near Center, N.D. Coal ash, considered a non-hazardous waste, contains pollutants including heavy metals. Rules require proper disposal in landfills lined with clay and plastic to prevent seepage into groundwater and drinking water sources. Photo courtesy of the North Dakota Department of Health
FARGO Unsafe contamination from coal ash disposal sites at half a dozen power plants in western North Dakota has seeped into groundwater sources, according to a report from an environmental group.
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