Senate energy bill could help U.S. carbon capture take flight

August 5, 2022

The Senate’s climate deal could bring scale-up of carbon capture in heavy industries and power.

(…) New analysis from the Princeton-led REPEAT Project looks at the subsidies combined with demonstration funding in the bipartisan infrastructure law.

  • They see it becoming a “viable economic option for the most heavily emitting industries” like steel and cement production, oil refineries, as well as power generation.
  • The analysis sees carbon capture providing roughly one-sixth to one-fifth of the total CO2 cuts from the new bill, Princeton’s Jesse Jenkins said via email.

REPEAT’s model shows the sector simply won’t take flight in the U.S. without the new bill (check out the graphic above).

Why it matters: Trapping CO2 can complement climate-friendly energy sources like renewables, storage and clean hydrogen.

Read more here.

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