Carbon Capture Efforts Slow as Trump Targets Clean Energy Projects ...Middle East

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Carbon Capture Efforts Slow as Trump Targets Clean Energy Projects
source : OILPRICE ( Middle East ) () 59
Since U.S. President Donald Trump took office, the number of applications for carbon capture projects has nosedived, signaling a slowdown in the efforts to commercialize the relatively new technology to remove carbon from the air. Since the Trump Administration signaled it would be axing clean energy subsidies and tax credits, the nascent carbon capture sector, led by some of the biggest U.S. oil firms, has faced increasing uncertainty about the viability of many projects. Carbon Capture Applications Plunge As a result, the application process…

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