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Tribes urged to prepare for possible federal carbon incentives

April 4, 2008View 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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Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


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