Carbon capture catches a big tax break
Generous new incentives could be a breakthrough
The past decade or so has been a golden age for new energy technologies, especially those aimed at reducing carbon emissions and combating climate change. One technology that has failed to launch, despite lofty expectations and high ambitions, has been carbon capture and storage. Beset by stubbornly high costs and a dearth of political support, CCS has seen setback after setback, while other carbon-cutting technologies, like wind and solar, race ahead. That could be about to change. The recent budget deal passed in Congress and signed off by President Donald Trump includes a major boost to America's fledgling CCS sector that could extend a vital lifeline to the technology in a crucial market
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23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
