Bipartisan Support for Carbon Capture Jobs

The briefing outlines bipartisan efforts in the U.S. to enhance 45Q tax credits for carbon capture and storage. It details proposals from the American Jobs Plan and House Republicans to increase credit values and extend eligibility. A CATF analysis suggests that an $85 per tonne incentive, combined with direct pay, could lead 46 power plants to capture 71 million metric tons of CO2 annually by 2035, creating approximately 4,500 construction jobs and 4,900 operational jobs per year.

• There is bipartisan support for enhancing 45Q tax credits, which serve as the primary federal policy driver for carbon capture and storage (CCS). President Biden's American Jobs Plan proposes increasing the credit's value, extending eligibility, and introducing a "direct pay" mechanism. Simultaneously, House Republicans have introduced legislation to increase the 45Q value to $85 per tonne of sequestered CO2 and make the credit permanent.
• A CATF analysis indicates that an $85 per tonne saline storage incentive, if paired with direct pay and a longer eligibility period, could result in 46 power plants capturing and storing 71 million metric tons of CO2 per year by 2035.

APA

Thompson, J. (2021). Bipartisan Support for Carbon Capture Jobs. Clean Air Task Force. https://www.catf.us/2021/04/bipartisan-support-for-carbon-capture-jobs/

Chicago

Thompson, John. Bipartisan Support for Carbon Capture Jobs. Clean Air Task Force, 2021. https://www.catf.us/2021/04/bipartisan-support-for-carbon-capture-jobs/.

Wikipedia

{{cite report |last1=Thompson |first1=John |title=Bipartisan Support for Carbon Capture Jobs |publisher=Clean Air Task Force |date=21 April 2021 |url=https://www.catf.us/2021/04/bipartisan-support-for-carbon-capture-jobs/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{thompson2021bipartisan, author = {Thompson, John}, title = {{Bipartisan Support for Carbon Capture Jobs}}, institution = {Clean Air Task Force}, year = {2021}, month = apr, url = {https://www.catf.us/2021/04/bipartisan-support-for-carbon-capture-jobs/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }