Carbon capture subsidies, and Japan’s nuclear U-turn

The Inflation Reduction Act, which US President Joe Biden signed into law last week, will allocate tens of billions of dollars in projects designed to capture carbon dioxide that would otherwise be released from power plants and industrial facilities. This provision has proven to be one of the most controversial climate clauses in the overall … Read more

Why the carbon capture subsidies in the climate bill are good news for emissions

But in the heated debate about carbon sequestration, it is often lost that technology can also play critical roles in accelerating emissions reductions across a variety of industries. This includes cleaning up highly polluted industrial sectors such as cement, steel and fertilizers. These actions could also support the development of low-emissions fuels and so-called bioenergy … Read more