CapturePoint, a company focused on carbon capture and storage, has appointed a new president. The leadership change signals the firm's continued push in the carbon management sector, which handles CO2 injection and storage projects in the U.S. Gulf Coast region. The new president will oversee CapturePoint's commercial and operational strategy as the company scales its carbon storage capacity. This matters for anyone tracking carbon credit supply, because CapturePoint operates one of the few commercial-scale CO2 storage sites in the country. The appointment comes at a time when the 45Q tax credit is driving more investment into carbon capture projects. How CapturePoint executes under new leadership will affect how many credits actually hit the market.
