Natural gas will play an important role as the U.S. energy sector moves towards decarbonization. A new study shows how the industry could save billions of dollars by equipping facilities with carbon capture technology, reports S&P Global Market Intelligence.

Thanks to new federal tax credits for carbon capture technology included in the Inflation Reduction Act, the natural gas industry could save an estimated $300 billion while remaining a top-choice for power utilities seeking to lower emissions.

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