One Big Beautiful Bill Boosts 45Q to $85/ton for CO₂-EOR with Geological Storage
The recently passed One Big Beautiful Bill Act preserved and enhanced carbon capture and storage (CCS) opportunities. One of the most impactful provisions for carbon capture is the expansion of the 45Q tax credit to $85 per metric ton for CO₂ used in Enhanced Oil Recovery (EOR) when the CO₂ is permanently stored in geological formations. This update significantly improves the financial […]

