DOE Sees 'Significant' CO2 Cuts, Project Growth From CCUS Tax Incentives

The Energy Department (DOE) is projecting “significant” greenhouse gas benefits from the combined impact of its research and development (R&D) program and proposed tax incentives for carbon capture, utilization and storage (CCUS) technology at fossil-fired power plants and other industrial facilities, findings that could bolster officials' efforts to secure such tax credits before the end of the administration or early next year. New DOE analysis shows that the combined impact of the two efforts to boost CCUS could lead to...