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Accelerating the Energy Transition: The U.S. Inflation Reduction Act

Climate Rising

CHAPTER

The Trade-Off Between Carbon Capture and Sequestration

A lot of criticism, I think, from the coalition that was wanting really big climate policy accomplice. They didn't want to concede anything by way of investments in carbon capture or additional oil and gas leases. At the end of the day, there was the necessary support to include those provisions. There is a mandatory threshold for leasing, but offering acres released doesn't guarantee they're ever bought.

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