Summit’s tax-credit cascade: Summit Carbon Solutions and its partners “could be eligible for as much as $18 billion in federal tax benefits over 12 years” if its proposed 2,500-mile carbon dioxide pipeline is built and operates at full capacity — potentially enough to cover all or most of its costs. (Inside Climate News)
Thune runs for GOP leader: South Dakota Sen. John Thune, currently No. 2 in Senate Republican leadership, said he would offer “a new generation of consistent, principled, conservative leadership” if elected to succeed Sen. Mitch McConnell as GOP leader. (The Hill)
Soy improves climate score: The “global warming potential” of soybeans, soybean oil, and soybean meal “decreased considerably” between 2015 and 2021, according to an analysis commissioned by soybean groups. (Clean Fuels Alliance America)
Blizzard erases snow drought: The monster blizzard that plastered California with snow over the weekend boosted the Sierra Nevada snowpack to 104 percent of normal for early March, a 24-point increase in four days; March remains a critical month for snowfall. (Los Angeles Times)