Tribes urged to prepare for possible federal carbon incentives
| April 4, 2008 |  View for printing |
As policymakers increasingly explore ways to slow or even halt the effects of global warming by capturing carbon dioxide, energy experts say tribes should be paying close attention.
Incentives for carbon capture and storage are currently being discussed in Congress, and the market could prove lucrative based on programs and institutional knowledge that some tribes already have in place.
At a briefing held March 31 at the Dirksen Senate Office Building, Sen. Jeff Bingaman, D-N.M., discussed the challenges surrounding carbon capture and sequestration, the process of removing carbon dioxide from the environment. One of the main obstacles in making carbon capture happen, the legislator said, is the current lack of federal incentives for entities to accomplish the goal.
by: Rob Capriccioso
Full Story: http://www.indiancountry.com/content ... =1096416971
(Many thanks to Ray Trumpower for passing this along. Russ)
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