Industrial carbon capture: Reducing emissions with higher 45Q values

The briefing argues that increasing the 45Q tax credit from $50 to $85 per metric ton would significantly increase industrial carbon capture, potentially reducing annual CO2 emissions by 22 to 36 million metric tons by 2031, particularly in hard-to-abate sectors like cement and steel.

• Increasing the 45Q tax credit from the current $50 to $85 per metric ton for CO2 stored in saline formations would increase sequestration from 12 million metric tons to 48 million metric tons by 2031, representing an annual increase of 36 million metric tons.

APA

Thompson, J. (2021). Industrial carbon capture: Reducing emissions with higher 45Q values. Clean Air Task Force. https://www.catf.us/2021/11/industrial-carbon-capture-45q/

Chicago

Thompson, John. Industrial carbon capture: Reducing emissions with higher 45Q values. Clean Air Task Force, 2021. https://www.catf.us/2021/11/industrial-carbon-capture-45q/.

Wikipedia

{{cite report |last1=Thompson |first1=John |title=Industrial carbon capture: Reducing emissions with higher 45Q values |publisher=Clean Air Task Force |date=3 November 2021 |url=https://www.catf.us/2021/11/industrial-carbon-capture-45q/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{thompson2021industrial, author = {Thompson, John}, title = {{Industrial carbon capture: Reducing emissions with higher 45Q values}}, institution = {Clean Air Task Force}, year = {2021}, month = nov, url = {https://www.catf.us/2021/11/industrial-carbon-capture-45q/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }