Vinson & Elkins Sean Moran and Lauren Collins Discuss the Evolution of Tax Credits
Podcast - Carbon Markets Lightning Round: State and Federal Updates
CCUS: Understanding The Class VI Permitting Process
Carbon Capture & Storage: The Race To Net Zero
Carbon Capture, Use, and Sequestration (CCUS) Webinar
Energy & Infrastructure: Renewables Driving Change in the Investment Landscape
Videocast: Section 45Q Carbon Capture and Sequestration (CCS) credit
The European Union remains committed to achieving climate neutrality by 2050, as enshrined in the European Climate Law. That Law set a first intermediate target of at least a 55% net reduction in greenhouse gas (GHG)...more
In December, the Treasury Department (“Treasury”) and the Internal Revenue Service (IRS) issued guidance addressing tax issues for businesses, education, energy, real estate, individuals, retirement and other sectors. Several...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for December 15, 2025 – December 22, 2025....more
The McGinnis Lochridge Oil and Gas Practice Group publishes Producer’s Edge to keep our clients and industry contacts informed on notable Texas case law, regulatory developments, and emerging legal issues affecting the oil...more
On December 19, 2025, the IRS delivered a little holiday cheer in the form of IRS notice 2026-01 (the “45Q Safe Harbor Notice”), which addressed uncertainty created by the Environmental Protection Agency’s (“EPA”)...more
On December 19, 2025, Treasury and the IRS released Notice 2026-1 (the “Notice”) establishing an alternative method for taxpayers to substantiate carbon oxide sequestration volumes for section 45Q carbon capture tax credits...more
Notice 2026-1 (the Notice) provides important guidance under Section 45Q of the Internal Revenue Code of 1986, as amended (the Code), for taxpayers claiming that carbon oxides are stored in secure geological storage following...more
The IRS today released guidance regarding certain reporting requirements for determining eligibility for the Section 45Q carbon oxide sequestration credit. The guidance, Notice 2026-1 (the Notice), addresses proposed...more
Welcome to Edition 39 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE). P2N0 covers significant news items globally, reporting on them in short...more
The second session of the 91st General Assembly is scheduled to begin on Monday, January 12. This legislative session is slated for 100 days, as required by Iowa statute, as it is an even-numbered year....more
Building on our previous blog regarding the AERH2S model, this update addresses the new editions of Alberta Energy Regulator (AER) Directive 071: Emergency Preparedness and Response and the associated Manual 026: Emergency...more
On 28 November 2025, the amendment of the Carbon Dioxide Storage and Transport Act (CCS Act), came into force. It sets the scene for building infrastructure for carbon capture and storage (CCS) in Germany on an industrial...more
Our energy regulatory teams across Europe provide updates to clients on a regular basis. This newsletter contains a selection of recent UK news items of relevance to the energy transition and more generally to the energy and...more
As energy infrastructure projects ramp up along the U.S. Gulf Coast and beyond, the role of states in holding primary enforcement authority (“primacy”) for certain federal programs has taken center stage; this is particularly...more
What a difference a few years can make. Three years ago, American corporations were falling over themselves to make advertising claims that they would achieve “net zero” carbon emissions or would be “carbon-neutral” by a...more
The Conference of the Parties, the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Convention on Climate Change, recently convened COP30, the 30th session of...more
The EPA’s November 2025 approval granting Texas primary enforcement authority over Class VI injection wells fundamentally changes who controls permitting of carbon capture and sequestration projects across the nation’s...more
The U.S. Environmental Protection Agency (EPA) issued a final rule approving the Texas Railroad Commission’s (RRC) application for primacy over Class VI injection wells. Class VI is a category of Underground Injection Control...more
On November 27, 2025, the Governments of Canada and Alberta signed a memorandum of understanding (“MOU”) in which they agreed to collaborate, alongside Indigenous peoples, to develop energy infrastructure that supports...more
On November 12, 2025, the U.S. Environmental Protection Agency (EPA) granted the Texas Railroad Commission (RRC) primacy over the Class VI Underground Injection Control (UIC) program, authorizing Texas to assume primary...more
Welcome to Edition 38 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE). P2N0 covers significant news items globally, reporting on them in short...more
The North Sea, once a cornerstone of the global oil and gas sector, has experienced a significant decline in investment in recent years. With a current marginal tax rate of 78% following the introduction of windfall taxes and...more
In the context of regulating the Future Fuel Law (Law No. 14,933/2024), the Ministry of Mines and Energy (MME) launched, on November 17, 2025, Public Consultation No. 205, concerning the draft Decree that regulates Carbon...more
The 2025 Federal Budget (Budget 2025) introduced a number of business income tax measures aimed at stimulating investment and accelerating the transition to a clean economy. Key initiatives include temporary immediate...more
Transition finance is emerging as a key market tool to enable companies operating in high-emitting or hard-to-abate sectors to access funding. While it has been much discussed, it has lacked frameworks that provided it with...more