Carbon Sequestration Tax Credits: Section 45Q

When the Bipartisan Budget Act of 2018 was passed into law, it expanded the ยง45Q2 tax credit, an important federal incentive encouraging private investment in the development and use of carbon capture technologies and facilities. Tax credits for the capture and long-term, permanent storage of carbon oxides are intended to generate a competitive financial return and have a positive environmental impact......
By: Perkins Coie

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