Aug
15

45Q Tax Credit: Subsidizing Waste and Fraud Through Carbon Capture

The federal government has created a program that’s ripe for corporate abuse while endangers rural communities on the taxpayer’s dime. By Claire Deuter and Sarah Hunkins Carbon capture and sequestration projects have been proposed throughout the country at an increasing rate in recent years. What is driving the build out of this emerging industry? The federal carbon capture and sequestration (CCS) tax credit – often referred to as 45Q –…

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