CCUS Policy Hub
Facilities / United States / Biofuels

Carbon TerraVault 1: Verde (CA)

Planned Hub: Carbon TerraVault 1
Consortium Partners: California Resource Corporation (Carbon TerraVault)Verde Clean Fuels

Asset Description

Project Overview

This capture project is located in United States (North America) and is currently Planned. The primary sector classification is Biofuels. The reported fate of captured carbon is Dedicated storage. The project is associated with the Carbon TerraVault 1 hub. Announcement year: 2023. Reported partners: California Resource Corporation (Carbon TerraVault), Verde Clean Fuels.

Governing Policy Ecosystem

Direct Link Market 2024

California Low Carbon Fuel Standard (LCFS) 2024/2025 Amendments
Direct Link Regulatory 2021

Texas HB 1284: CCS Jurisdictional Act
Direct Link 法律监管 2022

US 45Q Tax Credit (IRA Enhanced)
Direct Link Incentive 2021

US CIFIA: Carbon Dioxide Transportation Infrastructure Finance and Innovation
Direct Link 战略引导 2024

US DOE Carbon Management Strategy
Direct Link Regulatory 2010

US EPA Class VI Primacy Delegation
Direct Link 法律监管 2021

US IIJA CCS Hubs Program
Direct Link Regulatory 2023

Louisiana Class VI Primacy Administrative Rules
Direct Link Regulatory 2009

North Dakota Century Code Chapter 38-22 (CCS Act)
Direct Link Tax Incentives 2025

USA One Big Beautiful Bill Act (OBBBA) and 45Q Enhancement 2025
Direct Link Regulatory 2009

Texas Natural Resources Code Chapter 121 (CO2 Stewardship)
Direct Link Incentive 2020

Wyoming House Bill 0200 (Low-Carbon Reliable Energy Standard)
Reference 法律监管 2023

Gold Standard Engineering CDR Requirements
Reference Market 2024

ICAO CORSIA Carbon Offsetting & CCU Fuel Rules (2024)