Group of state and local officials calls on Congress to end tax credits for carbon sequestration
A growing coalition of Midwestern and Western lawmakers is calling for the end of a federal tax break that’s become a lifeline for carbon pipeline projects like Summit Carbon Solutions. At issue: the 45Q tax credit, designed to reward companies for capturing and storing carbon—but critics say it’s just a subsidy for polluters. With over $1 billion potentially at stake for Summit, the repeal effort signals a deeper debate: are we funding climate solutions, or padding profits under the guise of progress? Joshua Haiar with South Dakota Searchlight has the full story.
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