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From Leader to Laggard? U.S. Faces Carbon Capture Slowdown as EU Surges Ahead
Home » Travel » United States » From Leader to Laggard? U.S. Faces Carbon Capture Slowdown as EU Surges Ahead

From Leader to Laggard? U.S. Faces Carbon Capture Slowdown as EU Surges Ahead

Stephania Guillemette 01/06/2025 05:39

Carbon capture and storage (CCS) has long been recognized as a critical technology for achieving net-zero emissions, particularly in hard-to-abate sectors like steel, cement, and chemicals. Historically, the United States has been at the forefront of CCS development, propelled by generous subsidies and tax incentives, notably the 45Q tax credit enhanced by the Inflation Reduction

OilPrice
Carbon capture and storage (CCS) has long been recognized as a critical technology for achieving net-zero emissions, particularly in hard-to-abate sectors like steel, cement, and chemicals. Historically, the United States has been at the forefront of CCS development, propelled by generous subsidies and tax incentives, notably the 45Q tax credit enhanced by the Inflation Reduction Act (IRA…
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