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Proposed Legislation Carbon Capture and Sequestration New Legislation

Beveridge & Diamond PC

Congress Eyes Sweeping Changes to Carbon and Biomass Incentives: 45Q Tax Credit Reforms, New Biochar Program, and Forest Residues...

Beveridge & Diamond PC on

Senate Draft of BBB Would Standardize and Reduce Value of 45Q Credit, Diminishing Incentives for Long-Term Carbon Storage - The Senate’s draft of the “One Big Beautiful Bill” (BBB) proposes several material changes to...more

Oliva Gibbs

Ohio Gets in on the Action: Proposed House Bill 170 Takes Aim at Carbon Capture & Sequestration

Oliva Gibbs on

The Ohio General Assembly has recently introduced their attempt to allow carbon capture and sequestration (hereinafter “CCS”) as a widespread means of reducing carbon emissions within the State. The proposed act (hereinafter...more

A&O Shearman

Historic Climate Change Bill Gains New Support

A&O Shearman on

On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean energy action in what could be the most...more

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