INTIEAUnited States · The Utilizing Significant Emissions with Innovative Technologies (USE IT) ActPolicyIn force

The Utilizing Significant Emissions with Innovative Technologies (USE IT) Act

In 2020, the USE IT Act was signed into law, which among other things, extends the 45Q tax credit for CCUS for two years and supports carbon utilisation and direct air capture research. Specifically, the USE IT Act clarifies that CCUS projects and CO2 pipelines are now eligable…

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Country / jurisdiction: United States · Year: 2020 · Status: In force · Level: National · Type: Voluntary

In 2020, the USE IT Act was signed into law, which among other things, extends the 45Q tax credit for CCUS for two years and supports carbon utilisation and direct air capture research. Specifically, the USE IT Act clarifies that CCUS projects and CO2 pipelines are now eligable for streamlined permitting under the FAST Act. In addition, the law directs the White House Council on Environmental Quality to create guidance to increase CCUS deployment.

Official source: https://www.congress.gov/bill/116th-congress/house-bill/1166/text

Source

https://www.iea.org/policies/11669

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