Overview
Axios quoted Hunter Johnston in a May 21 article titled “Big Oil Quietly Pushes Change to New Carbon Law.” The article discusses how some of America’s biggest energy companies are lobbying Washington to change oversight of a federal tax credit going to facilities capturing carbon emissions.
Johnston says: “The tax credit is a game changer for carbon capture and incentivizing new projects. But, implementation of the credit by the IRS has to be done in a way that resolves uncertainty and ensures that the credit can actually be used to finance projects.”
The full article can be read at Axios.
