EPA’s transfer of primary enforcement authority to states for carbon capture and storage projects may decrease permitting delays but raise legal questions.
Louisiana has become the third state in the United States to...more
The plan accelerates already ambitious climate goals for California and charts a course to carbon neutrality by 2045.
On December 15, 2022, the California Air Resources Board (CARB) adopted its Final 2022 Scoping Plan...more
Three funding opportunity announcements and a finance program provide significant investments to support carbon capture and sequestration.
Demand for carbon capture and sequestration (CCS) to meet global and national...more
The climate bills championed by Governor Newsom stand to alter the state’s climate policy for years to come.
On August 31, 2022, the last day of its 2021-2022 session, the California Legislature passed four climate bills...more
9/9/2022
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The Act promises to touch on almost every aspect of US climate policy.
On August 16, 2022, President Biden signed into law the Inflation Reduction Act (the Act), which expands clean and renewable energy production,...more
8/24/2022
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Reporting Requirements ,
Zero-Emission Vehicles
The guidance sends a signal that carbon capture and sequestration remains a focus of the current administration’s decarbonization efforts.
On June 8, 2022, the US Department of the Interior’s (Interior) Bureau of Land...more
CARB doubles down on LCFS Program and liquid transportation fuels.
On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update (Draft Scoping Plan) for public review and...more
6/2/2022
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The Draft 2022 Scoping Plan Update takes an all-of-the-above approach to decarbonize California.
On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review...more
5/17/2022
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CEQ report calls for widespread CCUS deployment to achieve climate goals.
On June 30, 2021, the White House Council on Environmental Quality (CEQ) issued a report to Congress that outlines a framework for how the US can...more
7/8/2021
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Regulatory Agenda
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
1/22/2021
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Final Rules ,
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U.S. Treasury
The Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..These rules are the third in a series of regulatory guidance issued by the IRS...more
Market participants can comment on new details related to the requirements, time periods, and permitted transfers of carbon credits.
On May 28, the IRS released the long-awaited third piece of carbon capture tax credit...more
IRS seeks comments on key technical questions under the 45Q Credit regime that should spur industry growth.
Key Points:
..The 45Q Credit, which was significantly broadened in 2018, provides a tax credit for each metric...more