Final Section 45Q Regulations Make Carbon Capture Deals Easier

On January 6, 2021, the U.S. Treasury Department and the Internal Revenue Service ("IRS") issued much anticipated final regulations with respect to Section 45Q of the Internal Revenue Code. As explained below, the regulations liberalize a number of concepts and provisions which should make the financing of carbon capture and sequestration ("CCS") projects more attractive to tax equity investors....
By: Jones Day

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