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Statement in Response to Parliamentary Budget Office’s Costing of the Carbon Capture and Hydrogen Investment Tax Credits

Enviromental Defense

The PBO estimates that these two tax credits will collectively provide over $11 billion to carbon capture and hydrogen projects by 2028. The new analysis shows that Minister Freeland’s CCUS tax credit is likely to cost $5.746 billion by 2028. Background Information: The PBO’s analysis costed the two tax credits until 2028.

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How Will DTE’s Long-Term Plan Impact Michigan’s Clean Energy Future?

Union of Concerned Scientists

DTE’s proposal, known as an integrated resource plan, describes how the utility intends to fulfill its customers’ electricity needs over the next 20 years. These types of long-term energy plans include forecasting the amount of electricity customers will need and examining different options for supporting that need.