US Leads Carbon Capture

This is a U.S. news story, published by Wired, that relates primarily to DAC news.

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carbon capture projects

Wired

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Project 2025 Would Drastically Cut Support for Carbon Removal

Summary

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84% Informative

The U.S. has become the go-to location for companies seeking to suck carbon dioxide out of the sky.

The projects in Louisiana and Texas are supported by up to $1.05 billion in Department of Energy funds.

But a Heritage Foundation policy blueprint for a second Trump presidency would roll back policies that support the DAC industry.

Most of the DAC industry experts thought there was little political appetite to reverse the 45Q tax credit.

They were more worried about the prospect that existing DOE funds set aside for DAC and other projects might not be allocated under a future administration.

Without government support, the private sector would never develop technologies like DAC .

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semi-formal

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English

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