Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale CCUS projects through substantial financial incentives such as the Section 45Q tax credit. More recently, the Biden administration and Congress have taken steps to promote the deployment of CCUS technology through the Infrastructure Investment and Jobs Act, which allocates billions of dollars for the industry, and the Inflation Reduction Act of 2022, which further enhances the 45Q tax credit.

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