1. Bipartisan push on carbon capture
A portfolio of carbon capture and carbon management bills are getting a bipartisan push by a group of House members led by Reps. David McKinley (R-WV) and Marc Veasey (D-TX) to be included in any infrastructure package.
Plug in: The members highlighted key, bipartisan legislation that would help achieve investment in carbon capture deployment, such as:
- SCALE Act, which finances the deployment of CO2 transport and storage infrastructure and boosts funding for the EPA to support permitting of storage projects.
- ACCESS 45Q Act and CCUS Tax Credit Amendments Act, which provide a direct pay option and extend the commence construction date for the credit.
- CATCH Act, which increases 45Q credit values and eliminates capture thresholds to expand the pool of potential projects.
- Carbon Capture Modernization Act, which would improve the utility of the 48A tax credit and enable investment in capture technology to reduce emissions from the power sector.
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2. Next-generation nuclear
- USNIC released the results of its 2021 Advanced Nuclear Survey, which includes responses from 17 advanced nuclear developers. View the results
- Dozens of advanced nuclear reactors are under development around the world. Check out this primer the Nuclear Innovation Alliance released, focusing on reactors underway in the U.S. and Canada.
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3. American LNG potential solution to Russian gas dependence
Virginia-based Venture Global LNG and PGNiG (Polish Oil and Gas Company) finalized an agreement under which PGNiG will purchase an additional 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global for 20 years.
- Cargoes will be supplied from Venture Global’s Calcasieu Pass LNG and Plaquemines LNG export facilities, which Venture plans to install carbon capture equipment at.
What's clear: LNG from the U.S. will not only diversify Poland’s energy mix but also decrease its carbon emissions. Plug in
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4. Coming down the pipeline
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