Trump administration supports carbon capture, backed by nominees and expanded tax credits.

Under the Trump administration, carbon capture projects are gaining support, with nominees Chris Wright for Energy Secretary and Doug Burgum for Interior Secretary both advocating for the technology. Despite opposition from various political groups, the 45q tax credit expansion under both Trump and Biden shows potential bipartisan backing. North Dakota, with its regulatory primacy, is positioned for growth in this sector.

2 months ago
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