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Infrastructure Carbon Capture and Sequestration Energy Projects

K&L Gates LLP

Carbon Quarterly – Volume 9

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

A&O Shearman

Projects, energy and infrastructure in the GCC – What does 2024 have in store?

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Last year was big for the green hydrogen industry in the GCC. Alongside the dozens of MOUs entered into and announcements made at COP: - In May, the USD8.4 billion NEOM Green Hydrogen Project in KSA reached financial...more

Hinshaw & Culbertson LLP

U.S. EPA Grants Louisiana Primacy for Class VI Geologic Sequestration Wells: What's Next?

Recently, the United States Environmental Protection Agency ("EPA") signed a final rule granting the State of Louisiana's request for primary responsibility for the permitting, compliance, and enforcement of Class VI (deep...more

Stikeman Elliott LLP

Alberta Carbon Capture Incentive Program and Federal CCUS Investment Tax Credit – Two Green Lights for Carbon Capture in Alberta

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On November 28, 2023, the Alberta government introduced the Alberta Carbon Capture Incentive Program (“ACCIP”), a new grant offered by the provincial government to incentivize carbon capture, utilization, and storage (“CCUS”)...more

A&O Shearman

Avoiding disputes in projects aimed at reducing emissions

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The Middle East’s ambitions for achieving Net Zero mean there is a wealth of opportunity for projects aimed at reducing carbon emissions. However, these projects will require careful navigation of the growing labyrinth of...more

Stikeman Elliott LLP

Proposed Legislation Released for New Green Investment Tax Credits

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On August 4, 2023, the Department of Finance (“Finance”) released a substantive piece of draft legislation for a number of investment tax credits previously announced by Finance and aimed at renewable and clean energy sectors...more

Pillsbury Winthrop Shaw Pittman LLP

IRS Provides Highly Anticipated Wage and Apprentice Guidance for Applicable Tax Credits under the Inflation Reduction Act

Publication of Notice 2022-61 starts the 60-day clock until projects that initially commence construction must comply with the new requirements. On November 30, 2022, the Internal Revenue Service (IRS) published Notice...more

Stikeman Elliott LLP

Carbon Capture, Utilization and Storage and the Quest for Net-Zero in Alberta

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In March 2022, on the heels of the Canadian Net-Zero Emission Accountability Act, Canada published its 2030 Emissions Reduction Plan (2022) which is focused on driving net-zero carbon emissions by 2050. One way in which...more

A&O Shearman

Infrastructure Investment and Jobs Act: Laying a foundation for energy transition

A&O Shearman on

The Infrastructure Investment and Jobs Act (the IIJA) recently signed into law follows through on President Biden’s commitment to reinvest in American infrastructure, by appropriating approximately USD65bn to new and expanded...more

Husch Blackwell LLP

Key Takeaways for Energy Companies from the Infrastructure Investment Jobs Act

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On November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act, a monumental $1.2 trillion bipartisan infrastructure bill. Given its wide scope, the bill will drive remarkable activity and...more

Eversheds Sutherland (US) LLP

FY 2022 Green Book goes big for green energy

On May 28, 2021, Treasury released the General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals, more commonly referred to as the Green Book. The issuance of the Green Book provides further detail on...more

Latham & Watkins LLP

Energy & Infrastructure: Renewables Driving Change in the Investment Landscape

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Macro market shifts as part of the energy transition are spurring investors, sponsors, and even traditional oil and gas producers to move in new directions. There is an increase in wind and solar projects being funded, with...more

Mayer Brown

Potential Energy Tax Changes under a Biden Administration

Mayer Brown on

As the incoming Biden Administration takes shape, energy companies will be monitoring potential tax policy initiatives, especially those that could impact the energy sector. Companies throughout the sector could be treated...more

Mayer Brown

Covid-19 Relief Legislation to Have Extenders for Renewables

Mayer Brown on

Last night, Congressional leaders announced an agreement on a $900 billion COVID relief bill. While the text of the bill has not been released as of this writing, people familiar with the negotiations have indicated that the...more

Orrick, Herrington & Sutcliffe LLP

Garanzi Green SACE - Italian

1. GREEN DEAL - In data 15 settembre 2020 è stata pubblicata in Gazzetta Ufficiale la legge 11 settembre 2020 n. 120 di conversione, con modifiche, del decreto-legge 16 luglio 2020, n. 76 (qui di seguito, “Decreto...more

Orrick, Herrington & Sutcliffe LLP

SACE Green Guarantee

1. GREEN DEAL - The Law no. 120 of September 11th, 2020 -converting, with amendments, Law Decree no. 76 of July 16th, 2020 (hereinafter, "Simplifications Decree")- containing urgent measures for simplification and digital...more

Orrick, Herrington & Sutcliffe LLP

Department of Energy and USEA Release Comprehensive Carbon Capture Incentives Report Co-authored by Orrick

On September 21, the United States Energy Association (“USEA”), on behalf of the Department of Energy Office of Fossil Energy, released a comprehensive report on the current state of carbon capture, utilization, and...more

Orrick, Herrington & Sutcliffe LLP

Carbon Capture and Sequestration: Incentives Update

Section 45Q Tax Credits Internal Revenue Code Section 45Q provides a tax credit for the sequestration or use of qualified carbon oxides (“COx”), including CO2. Although Section 45Q was enacted in 2008, there was uncertainty...more

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