Funded by new tax credits, US carbon-capture network could double global CO2 headed underground
Tuesday, September 25, 2018 - 15:10
in Earth & Climate
Researchers have proposed a US pipeline network that would capture, transport and store underground up to 30 million metric tons of carbon dioxide emissions each year -- an amount equal to removing 6.5 million cars from the road. The authors found that the network infrastructure would only be possible if tax credits passed by Congress in 2018 to encourage investment in carbon capture-and-storage technology are coupled with low-interest government financing.