EventThe proposed 807‑mile Alaska LNG pipeline will capture up to 7 million tons of CO₂ each year, injecting it at Point Thomson and Prudhoe Bay. Federal 45Q tax credits could provide more than $285 million per year—about $7.4 billion over 12 years—and may also yield extra revenue for the state and North‑Slope oil producers.
Alaska LNG’s planned 807‑mile natural gas pipeline will include a North Slope carbon‑capture plant that could earn operators more than $285 million annually in federal tax credits under 45Q, totaling an estimated $7.4 billion over 12 years, while potentially generating extra revenue for the state and oil producers.
Federal tax incentives for sequestering CO₂ from the proposed Alaska LNG pipeline could generate more than $285 million a year in revenue, according to the state Department of Revenue, potentially making carbon capture a key financial driver for the project.
