The United States is advancing its clean energy ambitions with the allocation of $6 billion in tax credits under the Inflation Reduction Act’s §48C Qualifying Advanced Energy Project Tax Credit ...

A current federal tax credit commonly called “45Q,” referring to carbon sequestration ... According to the U.S. Department of Energy, enhanced oil recovery is the practice of extracting ...

The 45Q tax credit offers $60 per metric ton of CO 2 ... [2] 26 U.S.C.A. § 45Q [3] H.R.6049 – 110th Congress (2007-2008): Energy Improvement and Extension Act of 2008, H.R.6049, 110th Cong.

On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...

Now, for his next act, the former North Dakota governor is set to become Donald Trump’s interior secretary and “energy czar ... capture tax credit, outlined in section 45Q of the U.S ...

The newly created joint venture, named Texas Critical Data Centers (“TCDC”), LLC will be a collaboration to fund, develop, and construct a cutting-edge 250MW net-zero energy data center within ...

For example: The federal government may increase the value of the 45Q tax credits for CCS projects ... On the negative side, the Federal Energy Regulatory Commission, the EPA, or state regulators ...

Carbon TerraVault remains at the forefront of providing innovative decarbonization solutions that support a cleaner, affordable, and reliable energy ... metric ton in 45Q tax credits, with ...

A coalition of over 160 businesses and organisations spanning the energy, manufacturing, and environmental sectors have called on congress to maintain bipartisan support for section 45Q tax credits, a ...