Tag Archives: private activity bonds

Bennet Introduces Carbon Capture Bill

MICHAEL-BENNETU.S. Senators Michael Bennet (D-CO) and Rob Portman (R-OH) yesterday introduced a bill to help power plants and industrial facilities finance the purchase and installation of carbon capture and storage equipment. The carbon that is captured can be used for Enhanced Oil Recovery (EOR) or stored underground. The Carbon Capture Improvement Act would allow businesses to use tax-exempt private activity Continue reading