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Financial risk management for geological storage
Handler, Brad ; Colorado School of Mines. Payne Institute for Public Policy ; Patton, Lindene E. ; Kulkarni, Siddhant ; Ayaburi, Felix ; Shah, Darshil
Handler, Brad
Colorado School of Mines. Payne Institute for Public Policy
Patton, Lindene E.
Kulkarni, Siddhant
Ayaburi, Felix
Shah, Darshil
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2024-07-22
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Abstract
The U.S. government has implemented several policies designed to position Carbon Capture and Storage (CCS) projects for growth. These include a regulatory framework and financial incentives such as Internal Revenue Service Section 45Q tax credits and grants. Potential project developers are responding positively, as evidenced, for example, by Class VI well permit applications that have been discussed elsewhere in this series of papers.
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