Olivia Diedrich contributed to this Insight The 45Q tax credit was created in 2008 as part of the Energy Improvement and Extension Act to incentivize carbon capture and storage in the United States. Since its inception, the tax credit has been revised multiple times to try and make it more accessible to projects in the emerging carbon capture market. Most recently, the tax credit was amended in the One Big Beautiful Bill Act (OBBBA) passed on July 4th, 2025. In this Insight, we will explor...
