Welcome to 45Q: America's Backdoor Carbon Emissions Market Takes Flight
America's secret market for carbon capture & sequestration
On this episode, Peter Ravella and Tyler Buckingham turn their attention to 45Q, the section of tax code that establishes generous tax credits for carbon sequestration that are potentially worth billions of dollars annually. 45Q creates a potentially powerful market for sequestration tax credits that are tradable and available to investors. Joining the show are Brad Crabtree and Jason Lanclos. Brad is the Director of the Carbon Capture Coalition, a group of public, private, and non-profit stakeholders working to advance carbon capture in the US. Jason is the Director of the Technology Assessment Division at the Louisiana State Energy Office and brings to the show his experience working at the state level to implement new carbon capture projects in the oil and gas heavy Pelican State. Join us for a wonky conversation about the tax credits that might just save the world. Only on ASPN!