The EPA wants to end its greenhouse gas reporting program, a move carbon capture advocates say could gut the industry. (Utility Dive)
Quick context: The reporting system is the backbone of the 45Q tax credit, which requires companies to prove how much carbon they store underground. Without it, developers warn hundreds of projects and billions in investment could collapse.
Groups ranging from unions to utilities to environmental coalitions have already committed $77.5B to carbon capture. They argue the EPA program is the only credible way to track emissions and storage at scale.
The EPA argues the Clean Air Act doesn’t require such reporting beyond oil and gas, estimating $303M in annual industry savings. Critics call it part of a broader effort to weaken climate data and oversight.