The state’s largest utility is teaming up with a Finnish company to explore using hydrogen to make methanol.
As Xcel Energy executives announced their vision of delivering zero-carbon electricity by 2050 in Denver on Tuesday, they may have also revived a long debate over the viability of carbon capture technology.
The revamped “45Q” tax credit boosts the amount of money available to companies willing to capture and store carbon emissions in geologic formations or use CO2 to extract oil from existing wells.
A promising technology under development at The Ohio State University converts fossil fuels into electricity without emitting carbon dioxide into the atmosphere.
Capturing carbon dioxide emissions for enhanced oil recovery could significantly increase if Congress passes tax incentives and other policy changes similar to those that fueled the explosive growth of renewable energy, according to a new report by the Great Plains Institute.