News & Analysis as of

Carbon Capture and Sequestration Greenhouse Gas Emissions

Jackson Walker

IRS Issues Safe Harbor for Section 45Q Carbon Capture Credits

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On December 19, 2025, the IRS issued Notice 2026-1, providing a safe harbor for taxpayers seeking to claim the federal income tax credit for qualified carbon oxide sequestration under section 45Q of the Internal Revenue Code...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Client Feature — February 2026

This month, we’re pleased to feature our client Cultivo. Cultivo is a leading platform for developing and operating natural assets. Their mission is to accelerate investment into natural assets at scale to build healthy and...more

McDermott Will & Schulte

IRS roundup: December 15 – December 22, 2025

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for December 15, 2025 – December 22, 2025....more

Vinson & Elkins LLP

IRS Provides Certainty on 45Q Amid EPA Reporting Changes

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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

Baker Botts L.L.P.

Treasury Establishes 45Q Carbon Capture Tax Credit Safe Harbor for Verifying CO2 Sequestration

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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

Bracewell LLP

IRS Notice Provides Guidance to Establish Secure Geological Storage for Purposes of Code Section 45Q

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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

Stoel Rives LLP

IRS Issues Guidance Regarding Safe Harbor for Section 45Q Carbon Oxide Sequestration Credit

Stoel Rives LLP on

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

Baker Botts L.L.P.

P2N0 - Edition 39 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

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

White & Case LLP

Germany Moves Forward With Carbon Management: Amended CO₂ Storage Act Takes Final Step In The Legislative Process

White & Case LLP on

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

Morgan Lewis

COP30: Key Outcomes for Carbon Markets

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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

McGinnis Lochridge

Texas takes the reins on Class VI carbon sequestration wells

McGinnis Lochridge on

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

Stikeman Elliott LLP

The Promise of an Energy Superpower: Canada and Alberta Sign Transformational MOU

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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

Baker Botts L.L.P.

P2N0 - Edition 38 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

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

Paul Hastings LLP

The Opportunity to Transition: ICMA Climate Transition Bonds, the Transition Loan Principles and the Transition Plan Taskforce

Paul Hastings LLP on

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

Bracewell LLP

EPA Grants Texas Primacy for Class VI Wells

Bracewell LLP on

On November 7, 2025, Environmental Protection Agency (EPA) Administrator Lee M. Zeldin signed a final rule approving the application of the State of Texas for transfer of primacy over Class VI Underground Injection Control...more

Latham & Watkins LLP

New Law Bolsters CCUS Projects in California

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California Governor Gavin Newsom signed legislation lifting moratorium on transportation of carbon dioxide by pipeline. ...more

White & Case LLP

DESNZ publishes its new Carbon Budget and Growth Delivery Plan

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On 29 October 2025, the Department for Energy Security and Net Zero ("DESNZ") published the Carbon Budget and Growth Delivery Plan (the "Plan")– a policy framework setting out how the UK will meet its statutory Carbon Budgets...more

Baker Botts L.L.P.

P2N0 - Edition 37 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 37 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to progress to net-zero GHG emissions (NZE)....more

Jones Day

Carbon Capture Utilization and Storage in EMEA

Jones Day on

In July 2025, Jones Day released a White Paper titled, "CCUS Regulation and Incentives in the Asia-Pacific Region: A Comparative Table for Strategic Decision-Making," followed by the publication in August of "Carbon Capture...more

Cozen O'Connor

AGs from Both Parties Oppose Rollbacks to Greenhouse Gas Reporting Program

Cozen O'Connor on

Democratic and Republican AGs submitted separate comment letters opposing aspects of an Environmental Protection Agency (EPA) proposal to rescind the Greenhouse Gas Reporting Program (GHGRP), which requires that major...more

Jones Day

Germany to expand Industrial Decarbonization Support: EUR 6 billion Initiative adds CCS

Jones Day on

Germany has unveiled an EUR 6 billion funding initiative that expands climate protection contracts to include carbon capture and storage (CCS), adjusts renewable energy deployment, and introduces regulatory relief for...more

K&L Gates LLP

Carbon Quarterly–Volume 12

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No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning, and energy efficiency at nearly every level of government and business. Changes in carbon—and,...more

King & Spalding

Australia's Net Zero Plan - Key Takeaways for the Energy Industry

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On 18 September 2025, the Australian Government released Australia’s Net Zero Plan (the “Net Zero Plan”), setting out an ambitious multi-sectoral plan to achieve net zero greenhouse gas (“GHG”) emissions in Australia by...more

Bennett Jones LLP

Alberta Announces Changes to TIER: What You Need to Know

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On September 16, 2025, the Government of Alberta announced two key changes to Alberta's Technology Innovation and Emission Reduction Regulation (TIER) that allow: (i) certain facilities that had voluntarily opted in to TIER...more

Latham & Watkins LLP

EPA Proposes Repeal of GHG Reporting Program, Grants Arizona Primacy for UIC Wells

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The agency’s actions have significant implications for the domestic carbon capture and storage industry. In the same week, the US Environmental Protection Agency (EPA) took two rulemaking actions with significant...more

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