Bill aims to create tax credits for carbon utilization, storage

Legislation would make tax credits available to companies based on the amount of carbon dioxide they avoid emitting into the atmosphere through carbon capture or remove from the atmosphere through utilization

Sen. Sheldon Whitehouse, D-R.I., recently introduced the Carbon Capture and Utilization Act of 2016, which aims to spur investment in…

Full text: http://biomassmagazine.com/articles/13506/bill-aims-to-create-tax-credits-for-carbon-utilization-storage

Author

Erin Voegele

Source

Biomass Magazine, 2016-07-20.

Supplier

Algae Biomass Organization (ABO)
The White House
US Senate Committee on Environment and Public Works

Share

Renewable Carbon News – Daily Newsletter

Subscribe to our daily email newsletter – the world's leading newsletter on renewable materials and chemicals

Subscribe