Senate Lawmakers push legislation on storage, carbon

Source: Manuel Quiñones, E&E News reporter • Posted: Monday, April 15, 2019

Energy and Natural Resources Chairwoman Lisa Murkowski (R-Alaska) and ranking member Joe Manchin (D-W.Va.) introduced legislation yesterday to create a suite of energy research and development programs.

The “Enhancing Fossil Fuel Energy Carbon Technology Act” would create programs to improve coal and natural gas production, encourage commercial carbon storage, find new carbon uses, and study removing CO2 from the air.

“This Act will utilize the considerable resources of the Department of Energy and its National Labs to address the scientific challenges in capturing carbon, creatively using it, and permanently sequestering it,” Murkowski said in a statement.

“Through research, development, pilot demonstrations, and commercial deployment, it will help accelerate innovation to lower emissions and extract economic value out of carbon dioxide.”

Battery credit

Sens. Martin Heinrich (D) of New Mexico and Cory Gardner (R) of Colorado introduced bipartisan legislation yesterday to establish a new tax incentive for power storage.

The “Tax Incentive and Deployment Act” would set an investment tax credit to incentivize business or home energy storage.

The authors say they modeled the measure on the current incentives for solar energy. It would apply to larger systems connected to the grid or smaller ones for houses.

North Dakota Republican Sen. Kevin Cramer introduced legislation to create an investment tax credit for nuclear energy.

Several lawmakers have recently introduced legislation related to energy and environment incentives as leaders mull broad tax legislation (E&E Daily, April 11).