Full Title: Federal Policy Blueprint
Author(s): Carbon Capture Coalition (CCC)
Publisher(s): Carbon Capture Coalition (CCC)
Publication Date: May 1, 2019
Full Text: Download Resource
This blueprint builds on the foundational policy of the Section 45Q carbon capture tax credit passed last year by Congress as part of the Bipartisan Budget Act of 2018. The blueprint offers a portfolio of policies that would increase carbon capture deployment in key sectors of the economy, from industries like cement and steel to electric power generation.
Accelerating deployment of carbon capture is critical to achieving midcentury decarbonization goals. Carbon capture can reduce emissions in key industries and is the only technology available to manage emissions from a number of industrial processes essential to modern economies.
Given the incredible diversity and breadth of the members involved in the Carbon Capture Coalition, the release of the blueprint signals an important call for federal action on carbon capture policy and the growing support for carbon capture as a key economic and environmental strategy.