Carbon Capture and Sequestration Credit (45Q)

Qualifying taxpayers can claim the carbon capture and sequestration credit—often referred to by its section in the tax code (45Q)—for every metric ton of carbon oxide they capture and sequester that would have otherwise been released into the atmosphere. Congress created the 45Q credit in the Emergency Economic Stabilization Act of 2008 (commonly, the “Bank […]

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Fossil Energy Research and Development Program

In the Department of Energy (DOE), the Office of Fossil Energy manages the Fossil Energy Research and Development Program (FER&D), which includes the R&D Programs in Advanced Coal Energy Systems & Carbon Capture Utilization and Storage (CCUS), Natural Gas Technologies and Unconventional Fossil Energy Technologies; as well as funding for the operations, infrastructure and R&D […]

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