Response: New Carbon Capture Subsidy Bill Would Prolong Fossil Fuel Industry’s Power

This week, U.S. Senators Sheldon Whitehouse (D-RI) and Bill Cassidy (R-LA) introduced the Captured Carbon Utilization Parity Act, which would increase subsidies for carbon capture utilization from the levels set in the recent Inflation Reduction Act. The proposed bill would increase the tax credit fo...