Clean Water Action works to protect water, health, climate and communities from oil and gas while pushing for the transition to a clean energy economy. We work to secure the strongest possible protections to limit the impacts of oil and gas development and to end the special treatment for the fossil fuel industry at the local, state, and national levels.
“This is not a minor reporting error. This looks like flagrant noncompliance with a fundamental requirement that gauges the efficacy of carbon capture and storage technology as a climate mitigation tool. 45Q is close to useless without secure geological storage. The industry just took the money and ran,” said John Noel, National Oil & Gas Program Director.
Oversight Failures in the Section 45Q Tax Credit for Enhanced Oil Recovery
Clean Water Action statement: The Carbon Capture, Utilization, and Storage Tax Credit Amendments Act should eliminate oil production subsidies, not increase them
“I thought we were trying to eliminate fossil fuel subsidies not increase them!"