Tag: Regulatory

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Hydrogen Rising Podcast: Very Long Duration Storage
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Treasury Issues Carbon Capture Credit Proposed Regulations

Hydrogen Rising Podcast: Very Long Duration Storage

Bill Holmes, Mike O’Neill, and David Wochner discuss very long duration storage and impacts on hydrogen and broader energy markets, as well as U.S. regulatory structures impacting hydrogen storage.

You can also listen to and download the latest episodes of Hydrogen Rising on Apple Podcasts and Google Podcasts.

Treasury Issues Carbon Capture Credit Proposed Regulations

Author: Elizabeth C. Crouse

Treasury is having a busy week! This afternoon, the U.S. Department of Treasury released proposed regulations under Code Section 45Q. Code Section 45Q provides for a U.S. federal income tax credit of 10% or 20% for carbon oxide sequestration and disposal in secure geologic storage, used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project and then disposed of in secure geologic storage, or utilized algal or bacterial disposition, chemical conversion processes, or other methods, as provided in regulations.

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