Webinar: Financing Investment in Carbon Storage Projects

Events / Thursday, September 30, 2021

If there is to be rapid progress in limiting the increase of carbon dioxide (CO2) in the atmosphere, it will depend substantially on federal tax credits and state incentives for carbon capture and storage. For now, carbon capture and storage strategies are largely of three kinds: (1) biological removal (using photosynthesis to fix atmospheric CO2 in soils, grasses and trees), (2) direct air capture (DAC) (removing atmospheric CO2 and injecting it into geological formations), and (3) capture of CO2 before it is released. All three forms of capture may be the subject of a tax credit under Section 45Q of the U.S. Internal Revenue Code.

On July 1, 2021, the IRS released Revenue Ruling 2021-13 (Rev. Rul. 2021-13). That ruling addressed a series of questions regarding whether Section 45Q can be used to provide workable financing for carbon capture and storage.

This webinar discusses:

  • Latest developments on Section 45Q of the Internal Revenue Code
  • Discussion of potential financing mechanisms
  • Legislative developments on carbon capture storage



Webinar Recording

For a copy of the webinar files, please click here.

This webinar may be of interest to organizations with operations in various industries including energy, steel, automotive, textile/paper, consumer products, financial services, and aerospace, among others.

Approved for 1.0 hours CLE credit in California, New York, Pennsylvania and Texas. Available via reciprocity in New Jersey. Credit is pending in Colorado, Florida, Georgia, Illinois, Ohio, Virginia and Washington. Other states may be available upon request.

Contact Courtney Daniel at for more information.

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