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Articles by Tom Donaho
Bipartisan Bill Seeks Further Tax Incentives for Carbon Capture and Utilization Projects
On Feb. 28, the Captured Carbon Utilization Parity Act (CCU Parity Act) was introduced by Sen. Sheldon Whitehouse, D-R.I., and Sen. Bill Cassidy, R-La. The CCU Parity Act would increase the tax credit available for carbon capture and utilization to match the tax credit available for carbon capture and sequestration for both the direct air capture and the power and industrial sectors. Read full alert.
New CCUS Regulatory Handbook a Practical Guide for Stakeholders, Practitioners and Policymakers
Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale CCUS projects through substantial financial incentives such as the Section 45Q tax credit.
Litigation over Injection Wells Threatens to Stall Carbon Sequestration Project in Louisiana
As carbon capture and sequestration (CCS) projects proliferate across America, hints of conflict around the relatively new and large-scale business endeavors are beginning to appear. On Tuesday, Oct.
Governor of Indiana Signs New Carbon Capture Bill
Indiana is the most recent state to build out a regulatory structure in anticipation of significant carbon capture, utilization and sequestration (CCUS) project deployment. Last week, Governor Eric Holcomb signed into law H.R. 1209, which addressed common issues to carbon sequestration regulation, including pore space ownership, liability, permitting, monitoring and mineral rights primacy.
Inflation Reduction Act Provides Boost and Benefits to Carbon Capture Utilization and Storage Industry
The newly passed Inflation Reduction Act of 2022 (IRA) is poised to transform the carbon capture utilization and storage (CCUS) industry through significant tax credits and benefits, including through enhancements to Section 45Q of the Internal Revenue Code.
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