13 April 2018

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 marke

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