One of the most critical clean energy incentives available today is the 45Q tax credit. Recent modifications raised the incentive for heavy industry and power carbon capture operators from $50 per ton to $85 per ton of CO2 and up to $180 per ton for direct air capture (DAC).
Carbon, the sixth most abundant element found on Earth, can be released into our atmosphere in the form of carbon dioxide (CO2) and is the foundation of all life. So, how do we get rid of the CO₂ already in the atmosphere? Fortunately, there are multiple carbon dioxide removal (CDR) solutions.
ClearPath is tracking the implementation of the Energy Act of 2020 and the energy programs of the bipartisan Infrastructure Investment and Jobs Act (IIJA), two marquee pieces of legislation committing billions of dollars to research, development and demonstration for precommercial energy technologies.
Executive Director Rich Powell testified before the House Select Committee on the Climate Crisis