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The economics for these projects make sense under incentives created by the Inflation Reduction Act. They get a big rebate on the capital costs for the infrastr
by bparsons 3y ago
The economics for these projects make sense under incentives created by the Inflation Reduction Act. They get a big rebate on the capital costs for the infrastructure, and then get to sell the environmental attributes on the open market.
Environmentalists don't like CCUS, but it is one of the thousand tools we are going to have to use if we are serious about decarbonizing heavy industry.