Ewire: As GOP preps CCS bill, tax credit guide delay irks industry

February 12, 2020
Even as House Republicans are scheduled to unveil a new proposal to boost carbon capture and storage (CCS) technology as part of their renewed focus on climate policy, continued delays in key guidance from the IRS on implementing federal tax breaks for the technology are irking the industry. “The delay is unacceptable and will only further slow much-needed investment in carbon capture,” said Sen. John Barrasso (R-WY), chairman of the Senate environment panel and a CCS backer, according to the...


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