The White House Council on Environmental Quality (CEQ) has delivered a carbon capture, utilisation and sequestration (CCUS) report to Congress to support President Biden’s goal of net-zero carbon emissions by 2050.
Published at the end of June, the report provides an inventory of existing permitting requirements for CCUS deployment and identifies best practices for advancing the efficient, orderly, and responsible development of CCUS projects at increased scale.
CCUS technologies already play a big part in President Biden’s American Jobs Plan. Launched in March, the American Jobs Plan looks for increased support for research, development, demonstration and deployment.
Further to that it also looks to enhance the Section 45Q tax incentive for CCUS to make it direct pay and easier to use for hard-to-decarbonise industrial applications, direct air capture, and retrofits of existing power plants.
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