Archives: Alert

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

By Tom Donaho on March 9, 2023 Posted in Alert

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 capture and utilization to match the tax credit available for carbon capture and sequestration for both the direct air … Continue Reading

New CCUS Regulatory Handbook a Practical Guide for Stakeholders, Practitioners and Policymakers

By Tom Donaho on March 6, 2023 Posted in Alert

Carbon capture, utilization and storage (CCUS) is primed to play a crucial role in setting the global energy system on a path to net zero. As a result, the United States has endeavored to incentivize investment in large-scale CCUS projects through substantial financial incentives such as the Section 45Q tax credit. More recently, the Biden … Continue Reading

Overview of the Inflation Reduction Act’s Methane Tax

By Poe Leggette and Bailey A. Bridges on January 12, 2023 Posted in Alert

Key Takeaways Introduction Part I of this three-part methane update discussed the state of substantive methane regulation in the United States and touched on the Inflation Reduction Act’s (“IRA” or “the Act”) addition of Section 136 to the Clean Air Act. This Part II covers Section 136’s first-ever federal “charge on methane emissions[.]” Part III will cover … Continue Reading

Litigation over Injection Wells Threatens to Stall Carbon Sequestration Project in Louisiana

By Tom Donaho on October 25, 2022 Posted in Alert

As carbon capture and sequestration (CCS) projects proliferate across America, hints of conflict around the relatively new and large-scale business endeavors are beginning to appear. On Tuesday, Oct. 18, international chemical company Air Products filed a lawsuit against Livingston Parish in Louisiana, asking that a recently passed moratorium on the drilling of injection wells be deemed … Continue Reading

Governor of Indiana Signs New Carbon Capture Bill

By Tom Donaho on October 5, 2022 Posted in Alert, CCUS

Indiana is the most recent state to build out a regulatory structure in anticipation of significant carbon capture, utilization and sequestration (CCUS) project deployment. Last week, Governor Eric Holcomb signed into law H.R. 1209, which addressed common issues to carbon sequestration regulation, including pore space ownership, liability, permitting, monitoring and mineral rights primacy. Many provisions … Continue Reading