States Make Permitting Push to Attract Carbon Capture Projects

States are seeking to speed up approval of carbon capture and sequestration projects by taking the role from the federal government, a bid to make their states more attractive to industry developers.

The new interest is driven by tax credits that were expanded and extended under the 2022 climate bill, at least $12 billion in grants from the 2021 infrastructure package, and the race to get ahead of possible new EPA rules that tout carbon capture as a way to drastically cut power plant emissions.

At least eight states have called on the Environmental Protection Agency to grant them authority, ...