President Trump Signs Barrasso’s Bipartisan Carbon Capture Bill Into Law

President Donald Trump recently signed U.S. Senator John Barrasso’s bipartisan Carbon Capture bill into law, which is intended to support innovation and incentivize carbon capture development and deployment. The Utilizing Significant Emissions with Innovative Technologies Act passed Congress as part of the legislation to fund the government. The Omnibus also extended the 45Q tax credit for carbon capture projects for two years.

Senator Barrasso, the Chairman of the Senate Committee on Environment and Public Works said Wyoming is already leading the way on carbon capture research, and that researchers at the Integrated Test Center in Gillette, are developing innovative solutions that will allow us to keep using Wyoming’s natural resources and the USE IT Act will lead to considerably more groundbreaking research, and that by converting carbon emissions into valuable and marketable products, we can help address a changing climate and boost Wyoming’s economy at the same time.