News & Analysis as of

Carbon Capture and Sequestration Proposed Legislation

Oliva Gibbs

Ohio Gets in on the Action: Proposed House Bill 170 Takes Aim at Carbon Capture & Sequestration

Oliva Gibbs on

The Ohio General Assembly has recently introduced their attempt to allow carbon capture and sequestration (hereinafter “CCS”) as a widespread means of reducing carbon emissions within the State. The proposed act (hereinafter...more

Dentons

Iowa 2025 Legislative Session – Week 16

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Last week marked the scheduled 110th day of the 2025 Iowa Legislative Session, the last scheduled day. Legislators must now work to pass an annual budget, but disagreements between the chambers on major policy items as well...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — December 2024

Coming up on a month since the presidential election, some things are starting to become clearer, though many questions remain. We will release a Viewpoints article in the next week that will be a more in-depth assessment of...more

Mayer Brown

An Update on Carbon Capture Legislation Following Louisiana’s 2024 Regular Legislative Session

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Since the US Environmental Protection Agency (EPA) granted Louisiana primary enforcement authority over Class VI underground injection wells, there have been a number of legislative developments aimed at regulating carbon...more

King & Spalding

German Government Takes First Steps to Allow CCS

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On May 30, 2024, the council of ministers of the German Federal Government adopted a draft bill (Bundesrats-Drucksache 266/24) allowing permanent storage of carbon dioxide (Gesetz zur Demonstration der dauerhaften Speicherung...more

Brownstein Hyatt Farber Schreck

Impact of Colorado Carbon Capture Legislation on Oil and Natural Gas Producers

State proposal to expand carbon capture authority also proposes changes to the Oil and Gas Conservation Act As part of a bill revising aspects of the Colorado Energy and Carbon Management Commission’s (ECMC) (f/k/a Colorado...more

Polsinelli

Colorado Introduces Bill to Promote and Expand Carbon Dioxide Capture and Sequestration

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A bill to expand the Colorado Energy and Carbon Management Commission’s (“Commission”) ability to regulate and promote carbon dioxide capture and sequestration was introduced on February 27. HB24-1346 expands the authority of...more

Stikeman Elliott LLP

Clean Energy Incentives: August 4, 2023 Legislative Proposals Relating to the Income Tax Act and Regulations

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On August 4, 2023, the Department of Finance of Canada released significant legislative proposals relating to the federal government’s proposed measures to grow Canada’s clean economy. The release includes the draft...more

BakerHostetler

States Continue to Build Out Carbon Sequestration Regulatory Structure in First Half of 2023

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With 45Q tax credits beginning to flow following passage of the Inflation Reduction Act of 2022, states continue to pass carbon sequestration legislation in the hopes of bolstering and luring industry engaged in carbon...more

Houston Harbaugh, P.C.

Proposed Carbon Capture and Sequestration Act Offers Much for Pennsylvania Property Owners to Consider

On June 20, 2023, Pennsylvania State Senators Yaw, Robinson, Stefano and Vogel introduced Senate Bill 831, the “Carbon Capture and Sequestration Act” with the intent to address the use of pore space for carbon sequestration....more

White & Case LLP

A world-first nature repair market for Australia

White & Case LLP on

On 29 March 2023, the Australian Government introduced two Bills to the federal Parliament that, if passed, will introduce the world's first voluntary biodiversity market. This would allow eligible landholders to generate...more

BakerHostetler

Bipartisan Bill Seeks Further Tax Incentives for Carbon Capture and Utilization Projects

BakerHostetler on

On Feb. 28, the Captured Carbon Utilization Parity Act (CCU Parity Act) was introduced by Sen. Sheldon Whitehouse, D-R.I., and Sen. Bill Cassidy, R-La. The CCU Parity Act would increase the tax credit available for carbon...more

A&O Shearman

Historic Climate Change Bill Gains New Support

A&O Shearman on

On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean energy action in what could be the most...more

Latham & Watkins LLP

UK Government Announces Support for CCUS Development in Energy Security Bill

Latham & Watkins LLP on

The announcement underscores the continued focus on carbon capture, utilisation, and storage in UK energy policy in recent years. On 6 July 2022, the UK government introduced the Energy Security Bill (the Bill) to...more

Vinson & Elkins LLP

Clean Energy Tax Proposals in Biden’s New “Build Back Better” Framework

Vinson & Elkins LLP on

Faced with opposition from within his own party, President Biden last week unveiled a new, pared down framework for his “Build Back Better” agenda. Following release of the president’s framework, H.R. 5376 (the “Build Back...more

King & Spalding

Bipartisan Senate Infrastructure Bill Promotes Carbon Capture, Utilization, and Sequestration

King & Spalding on

Few issues in Washington have been as elusive as passage of legislation to address the nation’s aging infrastructure. For a number of years, the White House, Senators and Members of Congress have announced plans to spend...more

King & Spalding

Bipartisan Senate Infrastructure Bill Promotes Hydrogen

King & Spalding on

Few issues in Washington have been as elusive as passage of legislation to address the nation’s aging infrastructure. For a number of years, the White House, Senators and Members of Congress have announced plans to spend...more

McDermott Will & Emery

Key Takeaways | The Energy Market in 2021: Legislative Update on Renewable Energy Tax Incentive

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The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including...more

McDermott Will & Emery

[Webinar] The Energy Market In 2021: From Crisis To Opportunity | Legislative Update On Renewable Energy Tax Incentives - May...

McDermott Will & Emery on

The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more

Bracewell LLP

The Bipartisan SCALE Act: Increasing Investments in CCUS

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Today, March 17, 2021, a bipartisan group of legislators introduced groundbreaking legislation aimed at advancing investments in large-scale carbon capture, utilization, and storage (CCUS) projects. The Storing CO2 and...more

McDermott Will & Emery

What's in the GREEN Act?

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The US House of Representatives Committee on Ways and Means has reintroduced the Growing Renewable Energy and Efficiency Now (GREEN) Act, which aims to extend tax credits for renewable energy and carbon capture projects. If...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: December 2019 #3

Chevron to Take $10B+ Write-Down - "More than half the write-down is related to gas drilling operations in Appalachia." Why this is important: In recent years, the pressure to reduce carbon emissions has affected...more

Foley Hoag LLP - Environmental Law

Which Comes First, Innovation or Regulation?

Two seemingly unrelated stories in Wednesday’s trade press got me thinking – always dangerous – about the relationship between regulation and innovation. The first story, from Daily Environment Report, noted that House...more

Mintz

Energy And Environment Update -- April 1, 2013

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In This Issue: Congress; Administration; Department of Energy; Environmental Protection Agency; Interior Department; Department of Homeland Security; Department of State; Department of Treasury; Government...more

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