Making Carbon Capture Work for Businesses

The Challenge

Carbon capture and storage (CCS) is a critical tool in the fight against climate change. It traps carbon dioxide emissions before they reach the atmosphere. However, its adoption has been slow. Why?

The Incentive Problem

In the U.S., tax credits exist for CCS, but they're not enough to drive significant investment. Companies often find it more profitable to pollute than to capture carbon. Without stronger incentives, the motivation to change remains weak.

The Solution

1. Boost Tax Credits

• Double or triple existing credits.
• Make the financial rewards too good to ignore.

2. Simplify the Process

• Current rules are complicated.
• Streamline the system to make CCS an easy choice.

The Debate

Is CCS the best approach? Some argue for renewable energy instead, focusing on preventing emissions rather than capturing them. Both perspectives deserve attention.

The Bottom Line

The goal is clear: reduce carbon emissions. CCS can help, but only with the right incentives. It's time to rethink rewards and prioritize clean air.