Briefing: An Update on the Status of 45Q and How to Prepare for its Usage

The Internal Revenue Service recently closed the comment period on implementing regulations for applying "Section 45Q" enhanced tax incentives for the geological storage of carbon dioxide and its use in enhanced oil recovery. Please join us as we review current research on Carbon Capture Utilization and Storage (CCUS) technology and the policy and project implications for using 45Q tax credits.

The program will consist of the following:

John Litynski, Deputy Director, Advanced Fossil Technology Systems - Update on DOE CCUS Research

Ryan Bernstein, McGuire Woods - CCUS Policy Roundup

Durham McCormick, McGuire Woods - Considerations for Implementing 45Q


A recording of the webinar can be found here


Ryan Bernstein

Senior Vice President, Federal Public Affairs
McGuireWoods Consulting
Ryan joined McGuireWoods Consulting in April 2018 and serves as a senior vice president in the Federal Public... more

John T. Litynski

Deputy Director for Advanced Fossil Technology Systems
USDOE Office of Fossil Energy
John currently serves as the Deputy Director for Advanced Fossil Technology Systems in the Department of... more

Durham McCormick

McGuire Woods
Durham focuses his practice on tax structuring for renewable energy transactions, with a particular emphasis... more