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A Federal Tax Credit Could Incentivize (and Accelerate) the Reduction of Greenhouse Gas Emissions

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A Federal Tax Credit Could Incentivize (and Accelerate) the Reduction of Greenhouse Gas Emissions
AUSTIN, Texas A current federal tax credit to reduce greenhouse gas emissions by storing carbon dioxide from industrial sources could be critical to help the U.S. reach end of decade carbon neutrality targets while yielding economic benefits, particularly on the Texas and Louisiana Gulf Coast, according to a study by researchers at The University of Texas at Austin published today in
Energy Policy.
The study suggests that a federal tax credit, known as the 45Q credit, could help increase the benefits, and thus development, of carbon capture, utilization and storage (CCUS) infrastructure because it compensates companies for capturing and storing CO ....

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Federal Tax Credit Could Incentivize Reduction of Greenhouse Gas Emissions

Federal Tax Credit Could Incentivize Reduction of Greenhouse Gas Emissions
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Ross Ramsey Texas electric grid and improvements that didn't come

Ross Ramsey takes a closer look at what the Texas Legislature did and did not do as a result of the February winter storm and power outage ....

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Daily on Energy: US growth in natural gas exports could challenge Biden agenda

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LNG EXPORT TENSIONS: Whether the Biden administration likes it or not, the U.S. solidified its position last year even amid a pandemic as a top exporter of natural gas.
The International Gas Union’s World LNG Report,
released this morning, finds the U.S. exported 44.8 metric tons of liquified natural gas, or LNG, in 2020, the third most of any country behind Qatar and Australia. ....

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Tomlinson: A Texas road map for no-drama, sustainable energy development

Fossil fuel and renewable energy developers can and should work with communities and. ....

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