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Senate Democrats Introduce Bill Pushing Carbon Capture Tax Credits

A bill has been introduced by Senate Democrats to bolster carbon capture technology for fossil fuel power plants. The bill, released by Senators Sheldon Whitehouse and Heidi Heitkamp, would expand a federal research tax credit for carbon capture and sequestration technology at power plants. Lawmakers signing on to the bill noted broad support for the carbon capture research tax credit among industry groups, companies and environmental organizations. 

July 2016

 

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