News & Analysis as of

Sequestration Environmental Protection Agency (EPA)

Sequestration is a budget technique characterized by the implementation of automatic mandatory spending cuts if deficit levels exceed a certain threshold. The Budget Control Act of 2011 utilized sequestration to... more +
Sequestration is a budget technique characterized by the implementation of automatic mandatory spending cuts if deficit levels exceed a certain threshold. The Budget Control Act of 2011 utilized sequestration to encourage Congress to cut federal spending by 1.2 billion dollars. If Congress fails to make the specified funding cuts, sequestration will kick in and  automatic cuts will be made to the federal budget. A good portion of the slated cuts will come from the national security budget.  less -
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

Brownstein Hyatt Farber Schreck

Colorado Makes Policy Moves With an Eye Toward Regulating Carbon Sequestration

The Colorado Oil and Gas Commission Will Become the 'Energy and Carbon Management Commission,' Among Other Changes - Interest in sequestering carbon dioxide (CO2) underground is expanding in Colorado. During the first half...more

A&O Shearman

IRS Issues Proposed Regulations On Section 45Q Carbon Oxide Sequestration Credits

A&O Shearman on

The U.S. Internal Revenue Service (IRS) and the U.S. Treasury Department (“Treasury”) have issued proposed regulations (REG-112339-19) providing valuable guidance on credits for the sequestration of qualified carbon oxide...more

Mintz

Energy And Environment Update -- July 1, 2013

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In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Department of Interior; Department of State; Department of Treasury; Environmental Protection Agency; International; States; and...more

Mintz

Energy And Environment Update -- May 20, 2013

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In This Issue: Energy & Climate Debate; Congress; Administration; Department of Commerce; Department of Energy; Department of Interior; Department of State; Department of Transportation; Environmental Protection...more

Mintz

Energy And Environment Update -- March 4, 2013

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In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Environmental Protection Agency; Interior Department; Department of Agriculture; Department of State; Treasury Department;...more

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