Policy-Driven Potential for Deploying Carbon Capture and Sequestration in a Fossil-Rich Power Sector
Abdallah Dindi, Payne Institute Fellow Kipp Coddington, Jada F. Garofalo, Wanying Wu, and Haibo Zhai write about how in 2020, the Wyoming Legislature enacted House Bill No. 0200 (HB0200), which requires utilities to generate a percentage of dispatchable and reliable low-carbon electricity by 2030. This state requirement must take into consideration “any potentially expiring federal tax credits”, such as the federal Section 45Q tax credit. This study aims to examine the potential role of economic and policy incentives that facilitate carbon capture and sequestration (CCS) deployment. July 2, 2022.