Carbon Capture and Storage (CCS) is one of the most promising climate crisis solutions. An optimized tax plan could fund carbon capture with a rate of $50 per ton and a 5% growth rate. This provides a basis for an economic plan that would support the funding and development of CCS facilities. A tax model is presented that compiled emissions data with CCS technology costs to simulate the optimized tax plan in a 40 year time frame. Our model finds that the amount of carbon dioxide emissions captured under our plan will exceed yearly emissions within 23 years. A US map is presented with ideal locations for CCS facilities based on emissions data and storage/sequestration. The locations are identified as Ventura Basin, Appalachian Basin, Atlantic Coastal Plain, and US Gulf Coast. These components are proposed as crucial to a realistic plan for implementing CCS as a solution to the climate crisis.

Full Poster: Carbon Capture and Sequestration