Popular, Carbon Emissions, Tax Credits

Sustainability and ESG Advisory Practice Update, July 2025

Wilson Sonsini Goodrich & Rosati on 8/1/2025

We are pleased to share the July 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

One Big Beautiful Bill: New Law Disrupts Clean Energy Investment

Latham & Watkins LLP on 7/9/2025

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since the passage of the...more

Sustainability and ESG Advisory Practice Update, November 2024

Wilson Sonsini Goodrich & Rosati on 11/29/2024

We are pleased to share the November 2024 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

Investors and Regulators Demand Climate Disclosures, but Companies Should Beware of Greenwashing Claims

Husch Blackwell LLP on 9/11/2024

Pressure from consumers, investors, and regulators to provide climate, environmental, and sustainability disclosures is increasing, but it is important for companies to ensure such disclosures are accurate, verifiable, and...more

U.S. DOE Releases Report on Clean Hydrogen Strategy and Roadmap

King & Spalding on 6/12/2023

The United States recently took another important step in implementing a comprehensive strategy to advance the production, processing, delivery, storage, and use of clean hydrogen. On June 5, 2023, the Biden-Harris...more

The On-Ramp: An Autonomous and Connected Mobility Newsletter - January 2023

Venable LLP on 1/31/2023

Welcome to The On-Ramp, the newsletter published by Venable's Autonomous and Connected Mobility team. The On-Ramp explores legal and policy developments in the world of autonomous vehicles, smart infrastructure, and emerging...more

The Inflation Reduction Act: Green Energy Benefits

Husch Blackwell LLP on 9/14/2022

In the wake of increasing inflation and as a means of codifying several of the Biden administration’s legislative priorities, the Senate passed the $750 billion Inflation Reduction Act on August 7, 2022 (the “Act”), by a...more

The Inflation Reduction Act Provides Potential Game-Changing Benefits for U.S. Solar Industry

Wiley Rein LLP on 8/15/2022

The U.S. Senate and House of Representatives have passed the Inflation Reduction Act of 2022 (the Act), which climate analysts have hailed as game-changing for the growth of solar power, and solar manufacturing, in the United...more

Hydrogen-Related Provisions of the Inflation Reduction Act of 2022

King & Spalding on 8/11/2022

The Inflation Reduction Act of 2022, passed by the Senate on August 7, 2022, includes a number of provisions projected to result in significant investments in domestic energy production and manufacturing, and reduce carbon...more

Illinois Enacts Comprehensive Climate and Clean Energy Legislation

Mayer Brown on 10/19/2021

In September, Illinois Governor JB Pritzker signed the omnibus, 956-page climate and energy legislative package titled the Climate and Equitable Jobs Act (the “CEJA”). The CEJA has an immediate effective date. Following years...more

Treasury Finalizes Carbon Capture Tax Credit Regulations

Latham & Watkins LLP on 1/22/2021

The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit. Key Points: ..The IRS finalized the third set of rules in a series of regulatory guidance...more

Carbon Capture and Sequestration: Can Big Oil Save Money AND the Environment?

Baker Donelson on 9/11/2020

Carbon capture and storage technologies are seeking to achieve zero net emissions in America by 2050. To that end, a host of legislative initiatives has been proposed at the state and federal levels to research the...more

Viewing Notice 2020-12 Through the Lens of Notice 2013-29 and Notice 2018-59: How is “Beginning of Construction” Guidance for...

Mintz - Energy & Sustainability Viewpoints on 8/6/2020

In February 2020, the IRS issued Notice 2020-12, which provides long-awaited guidance on when a “qualified facility” or carbon capture equipment, in each case within the meaning of section 45Q, is considered to have “begun...more

[Webinar] Investing in Carbon Capture, Use and Storage Based on Tax Credits - July 9th, 2:00 pm - 3:00 pm CT

Vinson & Elkins LLP on 7/6/2020

After two decades and $4.5 billion of government investment, the Carbon Capture Use and Storage (CCUS) opportunity is at-hand in the United States with the proposed rules being issued by the IRS at the beginning of June, 2020...more

Ready, Set, Sequester? An updated guide to the Section 45Q Carbon Capture and Sequestration Credit Guidance

Eversheds Sutherland (US) LLP on 7/1/2020

Section 45Q, as amended by the Bipartisan Budget Act of 2018 (BBA), provides a substantial tax credit for the capture and sequestration of carbon dioxide and other carbon oxides. Taxpayers have been awaiting guidance from the...more

Six Takeaways: Utilization and Structuring For Section 45Q Carbon Capture Credits

McDermott Will & Schulte on 6/16/2020

The Treasury Department and IRS recently published proposed regulations implementing the Section 45Q carbon capture and sequestration credit. The regulations clarify some questions about the credit, though many questions...more

IRS Proposes Regulations for Carbon Capture Tax Credit

McGuireWoods LLP on 6/11/2020

On May 28, 2020, the IRS issued proposed regulations regarding carbon capture tax credits under Section 45Q of the Internal Revenue Code. The proposed regulations provide rules on secure geological storage, credit recapture,...more

[Webinar] Utilization and Structuring For Section 45Q Carbon Capture Credits - June 11th, 12:30 pm EST

McDermott Will & Schulte on 6/9/2020

The Internal Revenue Service (IRS) has released a long-awaited proposed rule to implement section 45Q of the Internal Revenue Code, the statutory provision that creates a tax credit for capturing and sequestering carbon...more

IRS Releases Proposed Regulations for Carbon Sequestration Tax Credit

Morgan Lewis on 6/2/2020

The proposed regulations, released on May 28 and on which taxpayers may currently rely pending finalization, build on prior guidance for carbon capture and sequestration tax credits under Section 45Q of the Internal Revenue...more

IRS Releases Long-Awaited Carbon Capture Tax Credit Guidance

Vinson & Elkins LLP on 6/2/2020

At long last, the IRS has proposed regulations governing expanded tax credits for capturing carbon oxide (CO) before it enters the atmosphere. More than two years ago, Congress expanded tax credits for carbon capture (known...more

Treasury and IRS Issue Proposed Regulations on Carbon Capture Credit

Mayer Brown on 5/31/2020

Treasury and the IRS have issued proposed regulations on the revised carbon capture credit under Section 45Q....more

IRS Provides Carbon Capture Tax Credit Guidance and Safe Harbor

McGuireWoods LLP on 2/25/2020

On Feb. 20, 2020, the IRS issued Notice 2020-12 and Revenue Procedure 2020-12 regarding carbon capture tax credits (IRC Section 45Q). Notice 2020-12 (the begin construction notice) provides guidance to determine when...more

Carbon Capture Tax Credit Gets a Boost From IRS Guidance – A Practical Guide for Investors

Akin Gump Strauss Hauer & Feld LLP on 2/21/2020

The Internal Revenue Service (IRS) has issued the first round of guidance regarding the tax credit for carbon oxide sequestration under Internal Revenue Code Section 45Q. This guidance is divided between two documents:...more

Driving the Future of Automotive Technology

Foley & Lardner LLP on 12/12/2019

Powering the future is now! Electric vehicles (EVs) and self-driving cars (AVs) are two of the most innovative technologies in the history of the automotive industry....more

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