Carbon Capture Sequestration
As of 11/1/2021, 193 nations have agreed to the Paris Agreement’s goal to reduce global warming from 2 degrees Celsius to 1.5 degrees Celsius annually and reduce the emission of gases that contribute to global warming. As such, many nations have added pressure on their energy producers and other carbon generating businesses to implement actionable plans that lower their carbon emissions.
This whitepaper will continue to dive into:
- The Rise of Carbon Capture Utilization and Storage
- 45Q Tax Credit
- Low Carbon Fuel Standard (“LCFS”) Credits
- Surety Bonding and Environmental Legal Liability Insurance
- Tax Recapture Insurance Policy
This material is for general information only and should not be considered as a substitute for legal, medical, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.