With a split Congress, more attention is shifting to the 50 US States as potential drivers of CDR policy. Who is leading the way? Who are the laggards? And where and how should you focus your own advocacy efforts?
After 4 months of in-depth research, the team at Carbonfuture is excited to unveil our exclusive comprehensive analysis on CDR policy across all 50 US states. We hope that this asset will be useful to many of you, and look forward to maintaining it with the help of the #CDR community.
Here are the six main takeaways:
๐ค #California is leading the way as the clear leader in CDR across the country. It is among the most advanced states on all fronts, from policy and climate targets to R&D.
๐ก Some pioneer states are inspiring others โ e.g. #NewJerseyโs Low Embodied Carbon Concrete Act has inspired similar acts in other states like #Connecticut, #Illinois, #Washington and #Massachusetts.
๐ While every state must play to its own strengths and weaknesses, the most ambitious states โ #California, #NewYork, #Massachusetts, and #Maryland โ are adopting a portfolio approach to CDR R&D.
โThe gap between leaders like #California and laggards like #Florida is huge, perhaps explained by a lack of a โpolicy floorโ in the US as it exists, for instance, in #Europe.
๐ช Overall, direct air capture (#DAC) is the preferred CDR technology. This was boosted by the U.S. Department of Energy (DOE) #DACHubs announcement which triggered some states to focus on DAC development, such as #Michigan, #Wyoming, and #Texas.
๐ Cities have taken the lead where states havenโt: examples include #Minneapolis (MN), #ParkCity (UT), #Cincinnati (OH), and #Lincoln (NE), who are driving incredible initiatives on biochar carbon removal (#BCR).
๐ Despite the current lack of a robust CDR policy infrastructure in many states, interest is rising considerably. Federal policies like the Inflation Reduction Act (#45Q tax credits) incentivise states to develop a policy infrastructure to take advantage of federal subsidies.
We hope you find this analysis useful. This asset is meant to help the entire CDR community channel their advocacy efforts more effectively in the US.
๐ Full analysis here: https://lnkd.in/dPHQjvDC
๐ See the underlying data here: https://lnkd.in/dYapxdkn
Weโd love to hear from you. What did we miss? What would you add? Get in touch and let me know. We plan to update this analysis twice a year and keep it open to the community.
A huge shoutout to our former Research Consultant Alexis Dunand (now at Carbon Gap) for his insightful work on this and to The OpenAir Collective for all their amazing advocacy efforts across many US states.
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