Coal and Carbon Capture Provisions in the Inflation Reduction Act

Thursday, September 1 • 2:00 – 3:00 p.m. ET

The recently enacted Inflation Reduction Act (IRA) is expected to have significant impacts on the energy industry. The law includes approximately $369 billion in incentives for clean energy and climate-related program spending, including funding to encourage carbon capture, utilization, and storage (CCUS) projects. The IRA will substantially increase the amount and availability of tax credits for CCUS by raising the credit amounts for facilities that capture carbon for enhanced oil recovery or geological storage, allowing smaller facilities to claim credits, and permitting direct payments. These and other provisions of the IRA have the potential to dramatically impact how utilities and other businesses pursue emissions reduction efforts in coming years.

This webinar will bring together panelists to provide insights on the key coal and carbon capture provisions of the IRA, explore how the law will impact coal-fired generation and coal communities, and discuss how state regulators can coordinate effectively with stakeholders as programs are designed and implemented.

Support for this webinar is provided by the U.S. Department of Energy-NARUC Coal Modernization and Carbon Management Partnership.

Moderator:

• Hon. Ellen Nowak, Wisconsin Public Service Commission

Panelists:

• Anne C. Loomis, Partner, Troutman Pepper
• Adam Banig, Director of Governmental Affairs, United Mineworkers of America
• Jessie Stolark, Public Policy and Member Relations Manager, Carbon Capture Coalition

This webinar is open to the public.