Skip to comments.House Republicans unveil 'realistic' climate plan focused on capturing carbon from fossil fuels
Posted on 02/12/2020 1:12:53 PM PST by Hojczyk
The carbon capture package includes a bill, introduced Wednesday, for the United States to work toward a global goal of planting a trillion trees. It also features an expansion of a tax break approved by Congress in 2018 and signed by President Trump for companies that use carbon capture technology to trap carbon from fossil fuel or industrial plants. The new bill would make the so-called 45Q tax credit permanent, increasing the amount paid to companies and lowering the threshold of captured carbon to qualify for it.
Another bill looks to boost research, development, and deployment of carbon capture technology for natural gas plants.
We have chosen to put a price on carbon, but doing it through incentives and actually doubling down on that, said Rep. Garret Graves of Louisiana, the top Republican on the House select climate committee. He was contrasting the Republican preference for tax subsidies as opposed to a broader carbon tax that economists and many Democrats say would be needed to encourage widespread innovation away from fossil fuels.
"We've got to move forward in a fact-based, realistic approach, as opposed to something that may be more emotional," Graves said.
(Excerpt) Read more at washingtonexaminer.com ...
God Save Us from “realistic” Republicans
translation: Our corrupt puppetmasters on Wall Street really want this carbon credit scam to get going.
What fools...so now everyone will think climate change crap is real...
Have them prove it first...GOP is hopeless...
Why not cut immigration to zero and deport all illegals..that will help the climate...
Look at all the trees we will save..
In my simple mind to capture the carbon in fossil fuels you burn it. Is that still true?
Plants and trees still need carbon to live. No one wants to look at the Peridic Chart to see what percentage of the atmosphere is carbon. It is only .04 percent of the one percent that is left after nitrogen and oxygen is taken away.
I have an idea, lets just save the money, give a little global warming a chance.
this stupid is sure running deep...
There’s already more trees in the US today than there was when settlers showed up. And prairie can store more carbon underground that trees can above it. So what’s the fixation on trees really about?
Its a Goodie two shoes move for the cameras...
IDIOTS!! Just reject the premise. You are falling into the ages-old “give them an inch, they’ll take a mile” trap. How GD STUPID do you have to be?
Proof that being a republican doesn’t mean that you aren’t a anti-science nitwit.
We’re dealing with a special form of stupid right here.
Ah, an Exxon scheme is afoot:
Integrated Carbon Capture and Storage in the Louisiana ...
Integrated Carbon Capture and Storage in the Louisiana Chemical Corridor About the Project In 2017, LSU researchers received a $1.4 million grant from the National Energy Technology Laboratory, or NETL, a part of the U.S. Department of Energy, to study the feasibility of industrial carbon capture and storage, or CCS, along the Louisiana Chemical Corridor.
GOP collaborators. I wonder what their cut will be and how much their political handlers have already sent them?
Stupid waste of time
Lordy the congress is a bunch of morons
I’m not sure burying CO2 is such a good idea. Under ground the gas is gonna migrate to wherever the paths of least resistance take it. I would be concerned about it getting into potable water supplies.
CO2 is not a dangerous pollutant.
It is essential for life on earth.
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