U.S.A.
  • What is it?

  • Why is it important?

This legislation would amend the Internal Revenue Code to revise requirements for the secure geological storage of carbon dioxide for the purpose of the tax credit for carbon dioxide sequestration.

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Carbon capture and storage (CCS) can be an important “win-win” from a business and environmental perspective.  Certainty surrounding regulatory requirements is important when making the large and long-term investments needed for CCS, and this legislation provides important assistance in this regard.