Resource Type
Fact Sheet
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Biofuels, Indirect Land Use Change, and Global Warming Emissions
When the Renewable Fuel Standard, a biofuel consumption mandate, creates demand in the United States for ethanol and biodiesel, the agricultural sector responds by growing more of the crops that can be used to make biofuel—crops like corn and soybeans.
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State and utility climate change targets shift to carbon reductions, technology diversity
There has been a marked shift in state and utility company energy and climate policies towards ambitious carbon targets and an embrace of diverse technologies to achieve them through “Clean Electricity Standards” (or CES’s). This fact sheet documents this trend, and provides a detailed guide to what states and utilities…
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The Need for an Adequate Commence Construction Window for 45Q Federal Tax Credits for CCUS
Developing a carbon capture utilization and storage (CCUS) project can take as long as five years and require investments of close to $50 million before construction can begin. To take advantage of the current 45Q tax credit, construction on a CCUS project must commence before January 1, 2024. Despite the…
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Leveraging Enhanced Oil Recovery for Large-Scale Saline Storage of CO₂
Leveraging the demand for CO₂ from the Enhanced Oil Recovery (EOR) industry is a critical step to building out a robust ecosystem for large-scale CO₂ storage in saline sites. Frequently asked questions in this fact sheet provide perspective on the role that EOR plays in enabling carbon capture & storage…
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CO₂ EOR Yields a 37% Reduction in CO₂ Emitted Per Barrel of Oil Produced
Utilization of anthropogenic CO2 in Enhanced Oil Recovery (EOR) is a well-understood and verifiable process that can deliver CO2 emission reductions. According to life cycle analysis done by the International Energy Agency (IEA), which includes impacts from potential increase in oil consumption, each metric ton of CO2 utilized in EOR nets a 0.63…
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Health Risks in Pennsylvania from Oil and Gas Air Pollution – UPDATE
With 17% of the nation’s natural gas production and more than 8% of the nation’s oil and gas wells, compressors and processing plants located in the state, Pennsylvanians bear much of the health risks caused by oil and natural gas industry air pollution. And now, based on data from the…
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Incentives for CO2 Avoided: Comparison of Renewables Production Tax Credit and Proposed 45Q Legislation
The proposed extension and expansion of Section 45Q tax credits in the 115h Congress is comparable to the dollar per tonne value of avoided carbon from the Section 45 production tax credits (PTC).
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The Role of 45Q Carbon Capture Incentives in Reducing Carbon Dioxide Emissions
The 115th Congress is considering tax incentives that would reduce CO2 emissions by tens of millions of tonnes annually, in the form of the FUTURE Act (S 1353) and the Carbon Capture Act (HR 3761). The language in these bills would extend and expand Section 45Q of the U.S. tax…