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Leading the CCS Charge in the US and Globally through Policy Enhancements and Collaboration
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The United States is leading the charge when it comes carbon capture and storage deployment. Robust policy mechanisms, such as the Bipartisan Infrastructure Bill and enhancements to 45Q – a tax credit aimed to incentivize industry players to invest in the technology – are strengthening the business case for CCS. In parallel, the US is leading discussions on the topic of CCS internationally through the Carbon Management Challenge. In this episode of Capture, Store, Repeat, we speak with Brad Crabtree, Assistant Secretary for the US Department of Energy's Office of Fossil Energy and Carbon Management, about the continued climate and CCS aspirations coming out of the United States, as well as the upcoming opportunities and potential hurdles tied to CCS deployment.
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