The Regulation of CO2 Pipelines and Ensuring Public Safety
Payne Institute CCUS Program Manager Anna Littlefield and student researcher Dwi Nuraini Siregar write that the 45Q tax credit is anticipated to play an important role in accelerating the expansion of the CO2 pipeline network in the United States by providing a financial incentive for businesses to invest in carbon capture utilization and storage (CCUS) technologies and supporting infrastructure.The Inflation Reduction Act’s amplification of this credit has already increased the number of CCUS projects. This activity, in addition to continuing demand for CO2 for oil and gas operations, will require an expansion of the US CO2 pipeline network. March 15, 2023