Jun 5, 2020 | Carbon Capture
Energy producing states are looking at carbon capture, utilization, and storage (CCUS) as a useful option for reducing greenhouse gas emissions while ensuring energy supply and spurring development of new markets for alternative fuels like hydrogen. However, deploying...
Jun 4, 2020 | Carbon Capture
Sidley 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 to the tax credit for sequestration of carbon oxides provided by Section 45Q of the...
Jun 2, 2020 | Carbon Capture
The largest carbon capture pipeline in the world faced lengthy delays to develop Kyle Bakx · CBC News · Posted: Jun 02, 2020 8:00 AM ET After more than a decade in the works, a new carbon capture project in Alberta is now operational with lofty goals of sequestering...
Jun 1, 2020 | Carbon Capture
By Michael L. Platner June 1, 2020 On Thursday, May 28, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (REG-112339) for the §45Q, Credit for Carbon Oxide Sequestration, of the Internal Revenue Code (Title 26 of...
May 30, 2020 | Carbon Capture
The Hill – BY RACHEL FRAZIN – 05/29/20 11:04 AM EDT The IRS late Thursday provided guidance for expanding a tax credit that encourages the use of still-developing technology to remove carbon from the atmosphere. The long-awaited update to the regulations...
May 20, 2020 | Carbon Capture
Coal | Electric Power | Natural Gas | Metals 19 May 2020 | 12:42 UTC London Author Henry Edwardes-Evans Editor Daniel Lalor London — Phillips 66, Uniper and Vitol-owned VPI Immingham have signed a Memorandum of Understanding to install post-combustion CO2 capture...
