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Congress passes Inflation Reduction Act: Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline
My new piece on the Inflation Reduction Act and its carbon removal (both carbon capture with sequestration and carbon dioxide removal) provisions in the Conversation: Burns, Congress passes Inflation Reduction Act: Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline, The Conversation, Aug. 12, 2022.
Congress passes Inflation Reduction Act: Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline
The U.S. House passed a sweeping climate, energy and health care bill on Aug. 12, 2022, that contains about US$370 billion to foster clean energy development and combat climate change, constituting the largest federal climate investment in history. The bill now goes to President Joe Biden for his signature. Several studies project that its climate and energy provisions could enable the United States to reduce its greenhouse gas emissions by around 40% below 2005 levels by 2030. That would be a significant improvement over the current projections of around 27%, and it could put the U.S. within hailing range of its pledge under the Paris Agreement to reduce emissions by at least 50% by 2030. Notably, one linchpin of the bill’s climate provisions is a set of incentives to substantially expand technologies that capture carbon dioxide and either store it underground or ship it for reuse.
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