By David Lowman and Frederick Eames ( August 20, 2018, 1:30 PM EDT) -- The Bipartisan Budget Act of 2018, enacted on Feb. 9, significantly increased and extended the tax credit for the capture and sequestration of carbon oxides provided under Section 45Q[1] of the Internal Revenue Code.[2] This development, which has been a top priority of carbon capture and sequestration supporters for several years, is expected to significantly boost deployment of carbon capture and storage, or CCS, across the United States and represents a potential opportunity for emitting companies, oil and gas companies and industrial users of carbon oxides. ...
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