We need the support of governments around the world to ensure that carbon capture (and utilization) technologies reach their full potential.
Funding the research of these technologies so that they’re able to stand on their own and be deployed on a large scale is good for our economy, environment, and national security. The Department of Energy recognizes this.
This is an investment in our future that, along with the recently passed 45Q tax credit extension and expansion, will help the CCUS community take off.
These are important steps on the way to a new “carbon-based” economy; where we recycle our emissions to make valuable products that are used every day.