In return, Joseph Percoco took a series of actions intended to benefit CPV, prosecutors say — namely, he helped
it secure emission reduction credits and tried to help it obtain the lucrative power - purchase agreement.
In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or
credits for superior carbon lifecycle
emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to
secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative
emissions pathways in the future, within the framework of near - term national
emissions reductions, and
securing 2 °C - avoiding
emissions trajectories.