The White House Council on Environmental Quality (CEQ) today announced members of two new task forces that will provide input to inform the responsible development of Carbon Capture, Utilization, and Sequestration (CCUS). Sherry Tucker, CapturePoint's Vice President of Communications, Community Engagement and Government Relations, was appointed to the task force that will make recommendations for permitting on federal lands and the outer continental shelf, with the goals of encouraging capture and safe, permanent storage of CO2 emissions and ensuring that local communities benefit.
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White House CEQ Announces CapturePoint VP Sherry Tucker appointed to Carbon Dioxide Capture, Utilization, and Sequestration Federal Lands and Outer Continental Shelf Permitting Task Force
CapturePoint Announces Intent to Proceed With Central Louisiana Carbon Capture and Sequestration Infrastructure Investments
CapturePoint LLC announced today that the company has made a final investment decision to proceed with carbon capture and storage infrastructure investments in the Central Louisiana Regional Carbon Storage Hub (“CENLA Hub”).
CVR Partners and CapturePoint Close Section 45Q Tax Credit Transaction
CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate solution fertilizer products, and CapturePoint LLC announced today that CapturePoint and CVR Partners’ subsidiary, Coffeyville Resources Nitrogen Fertilizers, LLC (“CRNF”), have entered into a series of agreements with certain unaffiliated third-party investors and certain of their respective affiliates intended to qualify under the Internal Revenue Service safe harbor described in Revenue Procedure 2020-12 for certain joint ventures that are eligible to claim Section 45Q Credits.
CapturePoint Solutions LLC Announces Intended Partnership with Energy Transfer (NYSE: ET)
CapturePoint Solutions LLC (CPS), an affiliate of CapturePoint LLC based in Allen Texas, announced today that it has signed a Letter of Intent (LOI) with a wholly-owned subsidiary of Energy Transfer (NYSE:ET) to participate in a feasibility study to capture CO2 emissions from Haynesville Shale natural gas production facilities for sequestration in the CPS Central Louisiana Regional Carbon Storage Hub (CENLA Hub). Please see the updated and expanded announcement from CapturePoint and Energy Transfer dated May 8, 2024.