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policy instrument · 4 October 2024
Nevada tax abatements for Clairity Technology
Jurisdiction countryUnited States
Jurisdiction subnationalNevada
Instrument typetax-credit
Authoritygovernment
PathwaysDirect air capture
Scopecarbon removal only
Statusin-force
DetailTax abatement approved by Nevada Governor's Office of Economic Development for Clairity Technology, a carbon dioxide removal company, to establish its first commercial direct air capture and carbon storage facility in Southern Nevada. Abatement supports $2.5 million capital investment over two years, expected to create 55 jobs within five years at average hourly wage of $34.25, and generate $4.4 m
Monetary note$213,481 in tax abatements approved
Stated statusin-force
Pathway scopespecific
Pathway notefacility described as Clairity's 'direct air capture and carbon storage facility'
Stated jurisdictionUS-Nevada
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