Carbon Capture Tax Credit: Actions Needed to Improve Federal Administration and Evaluation of Tax Expenditure
What GAO Found The Carbon Oxide Sequestration Credit (45Q) is a tax credit provided for certain carbon oxides that are captured at emission sources or directly from the air and either stored underground or used to produce products. The credit has been amended multiple times, including by the 2022 Inflation Reduction Act (IRA), which added new credit features. More recently, the One Big Beautiful Bill Act created parity in credit values across uses of captured carbon. As of March 2026, there were
Record details
Published: 6 August 2026
Source: US GAO Reports
Category: Policy
Topics: Regulation · Environment
Retrieved: 7 August 2026
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How to cite this record
ethics.ai (6 August 2026), “Carbon Capture Tax Credit: Actions Needed to Improve Federal Administration and Evaluation of Tax Expenditure,” evidence record 17135, https://ethics.ai/record/17135 (originally published by US GAO Reports).
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