GREY:COSLF - Post by User
Comment by
OptimistePhilon Jul 22, 2016 7:50am
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Post# 25075058
RE:better than nothing?
RE:better than nothing?
According to a statement released by Whitehouses office, the legislation would make tax credits available to companies based on the amount of carbon dioxide they avoid emitting into the atmosphere through carbon capture or remove from the atmosphere through utilization. Credits would be worth $35 per ton of carbon captured that it utilized, and $50 per tons for carbon captured using permanent geologic storage. To qualify for credits, facilities would have to capture minimum quantities of carbon in a given year based on the type of facility. Credits would be available for 12 years. If it cost less than 30$ to capture and the company receive 35$ per ton, its a success for CO2 solution and Mojonnier (Pepsi-Coca-Cola) will make a lot of cash the next 12 years !!