Declining cost of CO2 capture combined with strong tax and market incentives drive attractive investment opportunities with strong returns

  • Mitsubishi Heavy Industries is a technology leader in CCS and a technology partner for Enchant Energy
  • Cost of CO2 Capture has decreased by 30% since the Petra Nova project (2016), and 65% since the Boundary Dam Carbon Capture Project (2014)
  • When Cost of Capture is less than $50 per ton, retrofit projects can be fully financed using 45Q Tax Credits
  • U.S. 45Q tax credits currently in place provide for $50 per metric tonne of CO2 stored using direct sequestration and for $35 per metric tonne for CO2 used in Enhanced Oil Recovery (EOR), where CO2 sales produce additional incremental revenue