Carbon capture enjoyed a winter flurry of federal policy victories in the waning days of 2020 and at the start of 2021. In just a little more than a week, carbon capture hit a policy trifecta: new, aggressive R&D authorizations, a carbon capture tax credit (“45Q”) extension, and final Administrative rules on how project developers can properly claim the 45Q credit.

The components to build a successful supply chain for American lithium and energy storage exist: lithium reserves, a capable workforce, domestic demand, and economic power. Yet to successfully link these components, the U.S. must strategically tackle the web of factors that a battery faces on its journey around the globe and into your pocket.