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Decarbonization of ethanol: pathways to monetization series. Part one, Stacking 45Q with voluntary carbon markets: importance of policy incentives in economic frameworks for CCS projects

Littlefield, Anna
; 
Colorado School of Mines. Payne Institute for Public Policy
; 
Cheng Siew, Chiang
; 
Matson, Mike
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2023-12-11
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Payne-Institute-Commentary-Stacking-45Q-with-Voluntary-Carbon-Markets.pdf
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https://hdl.handle.net/11124/178672
 https://doi.org/10.25676/11124/178672
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Payne Institute CCUS Program Manager Anna Littlefield and Fellows Siew Chiang and Mike Matson write about how CCS has been at the forefront of decarbonization commitments in public and private sectors, with the development of CCS projects rapidly accelerating in the U.S. following the signing of federal incentives of the Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA).  They explore the economic pathways for carbon capture and storage (CCS) projects, beginning with "credit stacking" voluntary carbon market credits and Section 45Q tax credits, with additional pieces on both the California-based Low Carbon Fuel Standard and Section 45Z tax credit.
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