The calendar has turned to 2020 and the carbon capture industry is still waiting on the US Department of the Treasury to release additional guidance on the implementation of the reformed and expanded 45Q credit. Continue reading »
Before & After: How the FUTURE Act Reformed the 45Q Carbon Capture and Storage Tax Credit
March 5, 2018 in Carbon Management Author: Jennifer Christensen
As part of a larger budget bill earlier this year, Congress passed legislation to expand and reform a key tax credit called 45Q for deployment of carbon capture and storage projects in the United States. The legislation, introduced in 2017 as the FUTURE Act, received broad bipartisan support in Congress and was supported by state leaders and by an unprecedented coalition called the Carbon Capture Coalition. Continue reading »
