The 45Q tax credit is an increasingly critical carbon capture incentive. Combined with the declining cost of carbon capture technology — made possible by extraordinary collaborations — the IRS §45Q tax credits are creating attractive investment opportunities and driving the expansion of CCUS.

“The 45Q tax credit enhancements from the Inflation Reduction Act of 2022 will enable Enchant Energy to economically deploy carbon capture technology to mitigate climate change while providing attractive after tax returns to investors.” – Cindy Crane, Board Chair