Overview
Bloomberg Tax, E&E News, and the Washington Examiner quoted Hunter Johnston in articles discussing the long-awaited guidance for carbon capture investors that the IRS released on February 19.
Johnston tells Bloomberg Tax that the guidance touched on two of the industry's top priorities, but left thornier issues for future regulations—such as which uses of sequestered carbon are eligible. He expects more guidance within the next month. "It's consistent with expectations," Johnston says, adding that it’s built upon already existing guidance for other renewable energy credits. "It's essential guidance, but not comprehensive."
The full articles can be read at Bloomberg Tax, E&E News, and the Washington Examiner (subscriptions required).
