RBN Energy Blogcast

Help Me, OBBBA - New Budget Law Boosts Carbon Sequestration, Enhanced Oil Recovery


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The budget reconciliation bill signed into law July 4 by President Trump — known as the One Big Beautiful Bill Act (OBBBA) — dramatically scales back a number of clean-energy tax credits and adds a new layer of complexity for some projects, leading to a lot of doom and gloom around clean-energy initiatives, but the new legislation is a big positive for the carbon-capture industry. In today’s RBN blog, we look at how changes to the 45Q tax credit could help advance carbon-capture efforts while also providing a boost to producers of crude oil and blue hydrogen.
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RBN Energy BlogcastBy RBN Energy

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