North America
July 24, 2023
Environmental Markets | Emissions
Visual Primer Series
Visual Primer: Carbon Capture Momentum Hinges on Expanding Pipeline Network to Connect With Storage Locations
Addressing regulatory challenges to building carbon dioxide pipelines will facilitate the widespread deployment of carbon capture projects.
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.
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