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- The US and Canada are boosting carbon removal technologies with major financial incentives: the US Inflation Reduction Act and Canada’s CCUS Investment Tax Credit.
- Canada’s CCUS ITC provides substantial tax credits for carbon-capture, while the US IRA offers-broad support and extended eligibility for various projects.
- These initiatives-aim to advance carbon removal and position both countries as global leaders in climate-action.
US and Canada Launch Major Carbon Removal Initiatives to Combat Climate Change
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