Carbon capture
The Labor Energy Partnership led by the AFL-CIO and Energy Futures is proposing the Ohio River Valley become a hub for fossil-fuel generated hydrogen and carbon dioxide using carbon capture technology. The major industry contributing to climate change, fossil fuels, now profits from tax breaks and government funding being directed at Carbon Capture and Sequestration (CCS) projects. Under section 45Q, tax credits for CCS are $35 to $50 per metric ton of CO2 captured. According to the Department of Energy, CCS research projects received $110 million in 2019, $72 million in 2020, and as ...