Law firm commentary on the proposed Treasury Department and IRS regulations addressing issues applicable to the tax credit for CCS under Section 45Q.
The U.S. Internal Revenue Service and the U.S. Treasury Department proposed regulations (REG-112339-19)
This document contains proposed regulations regarding the credit for carbon oxide sequestration under section 45Q of the Internal Revenue Code.
Amending Section 45(Q) of the Tax Code to expand and enhance credits for CO2 utilization and storage.
This article addresses why the current legal framework will be largely adequate from a transaction and interim standpoint to allow progress from oil production operations to permanent underground storage.
This paper seeks to better understand the drivers of a future CCS regulatory system and evaluates the historical evolution of comparable regulatory regimes through the lens of public goods problems.
The report presents data on carbon sequestration from the Land Use, Land-Use change, and Forestry (LULUCF) sector and from enhanced oil recovery in the United States.
Testimony before the U.S. Senate Committee on Energy and Natural Resources hearing to examine the challenges and opportunities for large-scale carbon management.
Full Committee Hearing on “Cleaning the Air: Legislation to Promote Carbon Capture, Utilization and Storage”
This hearing considered H.R. 1166, the "Utilizing Significant Emissions with Innovative Technologies (USE IT) Act.