Hannah Grover, Farmington Daily Times FARMINGTON — The proposal to retrofit the San Juan Generating Station with carbon capture technology and keep it...... read more
After years of waiting, IRS and Treasury release guidance for carbon capture tax credit
Posted on September 30, 2022Carbon Capture Now a Jobs Lifeline Thanks to 45Q Credit
Posted on September 30, 2022Wrongly perceived as unachievable, capture carbon is on the cusp of major development. A natural gas power plant in California. A coal power...... read more
Proposed Regulations for CCUS Tax Credit: Greater Certainty for Developers and Investors
Posted on September 30, 2022On Thursday, May 28, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (REG-112339) for the §45Q, Credit for...... read more
U.S. Treasury Issues Proposed Section 45Q Regulations on Carbon Sequestration Credits
Posted on September 30, 2022Sidley Updates On May 28, 2020, the U.S. Internal Revenue Service (IRS) and the Department of the Treasury (Treasury) released proposed regulations (Proposed Regulations) relating...... read more