Group of state and local officials calls on Congress to end tax credits for carbon sequestration

Group of state and local officials calls on Congress to end tax credits for carbon sequestration

Over 100 state and local officials from the Midwest and West, including South Dakota, are asking the U.S. Senate to eliminate tax credits for carbon capture and sequestration as part of a federal budget reconciliation bill. Established by Congress and then-President George W. Bush in 2008, the 45Q tax credits incentivize companies to capture carbon dioxide from processes such as ethanol production and sequester it underground, so it won’t contri…

45Q carbon pipeline credits would be an abuse of taxpayer dollars

To the Editor: The budget bill being debated in the Senate is a disaster for communities like ours in Renville County, Minnesota. This bill gives huge tax breaks to pipelines carrying dangerous carbon dioxide to run through our communities and put our families in harm's way. Carbon capture in theory, reduces climate-changing pollution from burning fossil fuels. But, despite decades of handouts and tax breaks from the federal government, the indu…

Group Of State And Local Officials Calls On Congress To End Tax Credits For Carbon Sequestration

Over 100 state and local officials from the Midwest and West, including South Dakota, are asking the U.S. Senate to eliminate tax credits for carbon capture and sequestration as part of a federal budget reconciliation bill.

Commissioners give update on Carbon Sequestration - The Benton Review

The Benton County Board of Commissioners Phil McGinnis, President; Shawn Leuck, Commissioner; and John Gick, Commissioner recently released information about the status of the Carbon Sequestration Project in Benton County. “Good afternoon to all our county residents and landowners. We would like to share some news with all of you after our recent meeting with BP concerning Carbon Sequestration exploration over the past two years. We have been ad…