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According to EFI Executive Vice President Joseph Hezir, who led the group's report, the US should aim to produce around 500 million mt/year of biomass for BECCS development.
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There are two primary categories through which the US could reach that 500 million mt/year target—residues and wastes that currently have no market value, and biomass grown on land not suited for agricultural production or on agricultural lands set aside for conservation. "BECCS can use biomass that has little to no market value and create value in that process," Hezir said.
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"I'm so thankful to the IRA for basing [subsidies] on carbon intensity, but the negativeness of the emissions is absent," Columbia researcher Anne-Sophie Corbeau said in March 2023. "You are not valued more if you are going into negative emissions. I think this is something that is missing in all the policy frameworks. There should be even more reward for something that is actually reducing your emissions."
The EFI report suggests that clear policy signals are needed to encourage BECCS deployment at scale. That support could piggyback off existing incentives within the Inflation Reduction Act and the Bipartisan Infrastructure Law, the report says, such as the 45Q tax credit program, which subsidizes carbon capture technologies. Or policymakers could expand existing incentives within the upcoming farm bill to incorporate biomass production. READ MORE
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