West Virginia Bets on Biochar: Coal State Stacks Tax Credits for Carbon Removal
West Virginia — historically defined by coal — is positioning itself as a destination for biochar carbon removal companies. The state Senate’s Economic Development Committee just passed SB893, a bill that stacks state tax credits on top of existing federal incentives. What the Bill Does Starting July 1, 2026, and lasting for 12 years, biochar facilities in West Virginia that qualify for federal carbon removal tax credits will also receive a state credit worth 10% of the federal amount, applied against corporate net income tax. ...