Overview
Hunter Johnston, Lisa Zarlenga, and John Cobb co-authored an article titled "A Guide to Proposed Carbon Capture Tax Credit Regs: Part 2" for Law360. The article, published June 11, discusses how the proposed regulations adapt the 80/20 rule to the context of carbon sequestration; provide guidance on the transfer election under Section 45Q(f)(3)(B); define an initial framework for utilization projects; and introduce a five-year lookback period for credit recapture.
