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Senate Spending Deal Includes Bolstered Carbon Capture Tax Credits

February 08, 2018
The just-released text of the two-year congressional budget deal includes several extensions of energy tax provisions that expired at the end of 2017, including a proposal long sought by backers to significantly expand tax breaks for carbon capture and storage (CCS) technology as well as other low-carbon generation. The so-called 2018 Bipartisan Budget Act includes the details of a deal to boost federal spending by $300 billion over the next two fiscal years, a pact struck by Senate Majority Leader...

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