PABs Could Be Used for Carbon Capture Projects

April 2017
Bond Buyer;4/11/2017, Vol. 1 Issue 34691, p1
Trade Publication
The article reports that the identical bipartisan bills have been introduced in the U.S. Senate and the U.S. House of Representatives to allow tax-exempt private activity bonds (PABs) to be used for carbon capture and storage or sequestration (CCS) projects. It also mentions that the CCS projects are designed to capture carbon dioxide (CO2) from power plants emissions and industrial facilities and store CO2 underground in order to reduce carbon pollution.


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