Carbon Capture & Sequestration: An overview and guide to its economic incentives

Published by Civil + Structural Engineer Magazine, this article covers carbon pricing and economic incentives as potential policy tools that address greenhouse gas emissions and promote Carbon Capture and Sequestration (CCUS) technologies. Other policies, such as direct government funding for CCUS research and development, tax incentives for carbon capture projects, and regulatory mandates for emissions reductions, also promote carbon sequestration efforts. In the United States, there are several tax incentives available for carbon capture projects, Dave Palmerton explains in his article here.

 

 

David PalmertonDave Palmerton, PG, is a professional geologist and Project Director at SCS Engineers’ Environmental Services Practice. He has handled numerous strategic, economic incentives, and technical environmental issues for Fortune 100 companies across the United States. Dave’s extensive knowledge of federal and state regulatory requirements has enabled him to negotiate with agencies on his client’s behalf successfully. His recent publications include “Funding Accelerates Efforts to Plug Abandoned Wells” in The American Oil and Gas Reporter and “The Science, Funding, and Treatment of Acid Mine Drainage” in Coal Age. SCS Engineers solve environmental management, solid waste, hazardous waste, and Superfund problems. SCS has a long history of assisting industrial, commercial, and institutional organizations, military facilities, federal-to-local governments, and tribes in identifying and implementing appropriate environmental management practices.