Comment from Carbon Management Alliance
Carbon Management AllianceSupportAdvocacy
Summary: The Carbon Management Alliance (CMA), an informal working group representing companies like ExxonMobil and Kinder Morgan, submitted recommendations to provide legal certainty for the 45Q tax credit. They specifically request that the Treasury Department update regulations to account for a potential EPA repeal of Subpart RR, clarifying requirements for "secure geological storage," reporting obligations, and the fungibility of carbon oxide in shared pipelines.
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