The United States is in jeopardy of ceding its position as the world’s leader in deploying carbon capture and removal technologies, according to one of the sector’s biggest supporters.
The U.S. is “at serious risk of being outpaced as other regions of the world invest significantly in their clean industry, manufacturing, and energy sectors through robust policy support of carbon management technologies,” the Carbon Capture Coalition said Friday in a new report.
Rising deployment costs, permitting challenges and an erosion of the federal 45Q tax credit because of inflation are all factors that threaten U.S. leadership in demonstrating and deploying carbon management technologies, the blueprint found.
The coalition — which works to build federal policy support for greater deployment of carbon-cutting technologies — published its 2025 policy blueprint a little more than a month after the start of the second Trump administration. This year’s blueprint is the fourth iteration, and it spells out the legislative and regulatory policy priorities of the group’s members, which range from oil and gas companies to unions.