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The Energy Market in 2021: From Crisis to Opportunity - Tax Credit for Carbon Capture Products | McDermott Will & Emery


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The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped and will continue to impact the energy industry, including discussions of what’s to come.
Our latest webinar featured FTI Consulting’s Ken Ditzel, Senior Managing Director and Fengrong Li, Managing Director, who are both in the Economic and Financial Consulting Practice.
IN DEPTH
Below are key takeaways from the webinar:
The carbon capture and sequestration tax credit under section 45Q is an important source of predictable revenue for carbon capture projects. The section 45Q credit was substantially expanded in 2018 and is worth up to $50 per metric ton for carbon permanently sequestered and up to $35 per metric ton for carbon used as a tertiary injectant in connection with an enhanced oil or natural gas recovery project. Internal Revenu ....

Ken Ditzel , Fengrong Li , Revenue Service , Senior Managing Director , Managing Director , Financial Consulting , கேன் திட்ஜேல் , வருவாய் சேவை , மூத்தவர் நிர்வகித்தல் இயக்குனர் , நிர்வகித்தல் இயக்குனர் , நிதி ஆலோசனை ,