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Oq 45 PDF  Form

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Instructions and help about oq 45 assessment pdf

[Music] perhaps you could tell us a bit more about 45q what this is what it means what impact do you think it's going to have sure no absolutely so 45q is a federal u.s federal tax incentive that provides tax credits for both the capture and sequestration of co2 or the capture and utilization of co2 currently rough numbers those those credits are around fifty dollars a ton for pure sequestration and about twenty seven twenty eight dollars a ton for utilization of it in any pre-existing commercial use it it really was initiated in 2008 but it really didn't take hold it was a it was kind of a clumsy bill if you will that in 2018 they revised it made it more broad broadband and available to open markets and more more more markets and about 2020 it really kind of took hold that you can sequester the co2 that you're producing get tax incentives for it and it's much more wide scale to a lot of generators it's focused on power generation as the core is focused on enhanced oil recovery as the

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