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


Source: Biomass Magazine, 2016-07-20.