The Act proposes equalizing the Section 45Q tax credit rates, giving $85/ton for the reuse of CO₂ from industrial/power sources and $180/ton for direct air capture. It aims to boost carbon reuse technologies, especially where storage is costly or far from sources. By reducing policy barriers and increasing incentives, the Act seeks to help scale clean manufacturing, create high‑skilled jobs, and build a circular carbon economy. Read the full fact sheet to see detailed market potentials by 2050 and how this could reshape carbon reuse industries.
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Captured Carbon Utilization Parity Act
Fact Sheet
Policy
September 2023
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