ENVIRONMENT

US tax changes to CCS could be game changer

A CHANGE in the tax treatment of carbon capture use and storage by the US congress last week could be a game changer for the technology, which is seen as providing a means of reducing the carbon foot print of coal and gas-fired power.

Lou Caruana
World Coal Association CEO Benjamin Sporton.

World Coal Association CEO Benjamin Sporton.

World Coal Association CEO Benjamin Sporton said increased and extended tax breaks for companies that invested in carbon CCS technologies in the US was part of a two-year budget deal.  “As has been the...

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