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Expert Insight

Should We Continue Tax Credits for Carbon Capture?


Date: April 18, 2016 at 11:30 AM

As a party to the Paris Climate Agreement, the United States affirmed its continued commitment to significantly reducing carbon emissions by 2025. According to the Department of Energy and the International Energy Agency, achieving large CO2 reductions will require an “all of the above approach” with new and innovative energy technologies, such as carbon capture playing a primary role in any successful CO2 mitigation strategy. Carbon capture and sequestration (CCS) have been receiving bipartisan support from a number of policymakers. In February Representative Mike Conaway (R-TX 11th Dist.) introduced a bill, which would expand and create a permanent tax credit… [more]

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Expert Insight

Can We Find a Future for Coal?

Author(s): Mark Drajem
Bloomberg's First Word Energy
Date: February 12, 2015 at 9:00 AM

Coal can’t get much love. Cheap natural gas and a bevy of EPA regulations are conspiring to force old coal plants to close and pushing U.S. production down to less than one billion short tons, near a two-decade low. While low-cost production in Wyoming and Illinois has been able to hold steady, the legacy mines of Appalachia face devastating losses in production and jobs. Meanwhile, projects that were supposed to demonstrate a future for coal in a carbon-constrained world are struggling or dead. The Obama administration pulled the plug on the FutureGen clean coal project this month. Another similar project… [more]

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