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A coal-fired plant in England that installed carbon capture technology. Photo: OLI SCARFF/AFP/Getty Images

The budget bill Congress passed early Friday morning includes a narrow but important tax incentive that would support technology capturing carbon emissions from coal plants and other facilities.

Why it matters: It helps make the economic case for this type of technology, which established science says is essential in cutting greenhouse gas emissions to the level scientists say we must, but is currently too expensive in most instances. It’s also seen as key for coal’s long-term viability in a world combating climate change.

Gritty details: The tax credit, which Congress first created in 2008, is expanded and extended for 12 years in the current budget bill, which experts say would increase the chances of more deployment across a range of innovative but costly technologies in this space. The bill's diverse backers could tout different benefits — climate change or coal's future.

The intrigue: As chief sponsor, Sen. Heidi Heitkamp, a Democrat from North Dakota, has been building an unusually broad coalition of support for the measure that began a couple of years ago (and far earlier for broader efforts on carbon capture). The measure’s sponsors include Senate Majority Leader Mitch McConnell, Republican from Kentucky, and Sen. Sheldon Whitehouse, Democrat from Rhode Island. Heitkamp also gathered diverse stakeholder support, ranging from environmental groups to coal companies.

In short, Heitkamp’s efforts represent a bipartisan exception to the partisan rule on one of the most partisan topics: energy and climate change.

Yes, but: Absent policy monetizing carbon emissions more broadly, this tax incentive is unlikely to prompt a huge wave of new projects.

Go deeper on my past Axios stories about carbon capture:

Go deeper

Updated 1 hour ago - Sports

Olympics dashboard

🚨: Japan's Naomi Osaka lights Olympic cauldron; Photos

👻: How the no-spectator Olympics could affect the athletes

🇺🇸: "What an honor it is to watch you soar," first lady tells U.S. Olympians

🌏: Meet the underdogs from Latin America

🥇: The six new sports at Tokyo 2020

💉 About 100 U.S. Olympic athletes are unvaccinated

✍️ Axios at the Olympics: What it's like inside the opening ceremony

Go deeper: Full Axios coverage

Senate Democrats demand answers on FBI's Kavanaugh probe

Photographer: Andrew Harrer/Bloomberg via Getty Images

Senate Democrats are demanding that the FBI hand over "all records and communications" related to the FBI tip line set up to investigate Supreme Court Justice Brett Kavanaugh when he was a nominee in 2018.

Why it matters: The ask comes after the FBI revealed it received more than 4,500 tips about Kavanaugh when he was awaiting Senate confirmation amid sexual assault allegations. Only the most "relevant" of these tips were forwarded to the Trump White House.

Chip relief on the horizon

Illustration: Sarah Grillo

Good news: The worst of the chip supply crunch might be near.

The other side: Here's the bad news... CEOs say chips totally flowing like normal is still a ways out.

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