carbon capture and storage

As part of the Bipartisan Budget Act of 2018, Congress gave a boostto carbon capture—a method for diverting emissions from crude production and coal- and gas-fired power plants—through the so-called 45Q tax credit. For every qualifying project, the boosted 45Q doubles a pre-existing tax credit to $50 per ton of carbon dioxide buried in underground storage and to $35 per ton that is used in…

Changing Planet

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In 2012, energy-related carbon emissions in the United States declined 3.8 percent even as global carbon dioxide emissions rose 1.4 percent, according the U.S. Energy Information Administration (EIA). The recorded 5.29 million metric tons of carbon dioxide amounted to the largest decline since 1994, continuing a downward trend that started in 2007. EIA attributed last year’s decrease to several factors, including a mild…

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The U.S. Environmental Protection Agency (EPA) issued a long-awaited revised proposal for Clean Air Act standards to curb carbon pollution from new power plants. The rule sets separate standards for new gas-fired and coal-fired plants. It would require future coal-fired plants to limit emissions of carbon dioxide to 1,100 pounds per megawatt hour (MWh). The average U.S. coal-fired plant currently emits nearly…

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In a move initiated by the Obama administration to address global changes in climate, the U.S. Environmental Protection Agency (EPA) is expected this week to release a proposal for regulations to reduce carbon emissions from new power plants. Although details about the regulations remain confidential, the New York Times reports the proposal could contain standards different for coal…

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