The country’s largest utilities may choose to shutter their fossil fuel plants rather than take advantage of the generous tax credits the Biden administration is offering for installing carbon capture.
POLITICO’s E&E News contacted the 10 companies that control the largest coal and natural gas fleets in the US — and found that only one has active plans to adopt technology to snare their greenhouse gas pollution. Despite substantial federal subsidies and a proposed EPA mandate to cut power plants’ emissions, utilities are simply unenticed, write Carlos Anchondo, Jason Plautz and Zach Bright.


