Innovation (Remove)

Innovation to remove emissions

Innovation refers to a variety of activities that drive the development and commercialization of emerging technologies, whether through government labs, enterprising start-ups, small businesses, or the marketplace. The federal government has long played a role in energy innovation – whether for improving domestic energy security, reducing consumer costs, or mitigating climate change – and there is a lot the government can do to induce innovation beyond basic research. Various deployment incentives, including grants, project cost-sharing, and tax credits or deductions, also provide provide strong financial signals that can be highly effective in changing behavior and driving growth in innovative technologies.

The boxes below allow you to filter and view specific policy options that directly contribute to innovation of carbon dioxide removal technologies and approaches, each of which includes a brief description, design considerations, U.S. experience, additional resources, and related policies.

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Accelerated Depreciation

Remove and Reduce

Carbon Bank

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Direct Payments

Remove

Carbon Removal Tax Credits

Remove

Public-Private Partnerships

Remove and Reduce

Site Selection and Monitoring of Geologic Storage

Remove

Carbon Pricing

Reduce and Remove

Carbon Removal RD&D

Remove

Federal Procurement

Remove and Reduce

Tax Advantaged Financing Structures

Remove and Reduce