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Tax Credits and Incentives

Battelle and its partners can help you take full advantage of the various tax credits and incentives available for carbon capture efforts.
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Expert Tax Credit and
Incentive Consultants

Our consulting services benefit numerous industries, including ethanol producers, fertilizer (ammonia) producers, bio-based refineries and those in the chemical industry. 
TAX CREDIT OR INCENTIVE WHY NOW?REQUIREMENTS

45Q Tax Credit

Amendments to the Bipartisan Budget Act of 2018 make it more lucrative than ever to complete projects and receive 45Q tax credits due to value increases, reduced capture requirements and credit transfers.

CCS projects must be underway by Jan. 1, 2026.

Additional criteria must be met by industry (e.g., production, location for storage, etc.)

Low Carbon Fuel Standard (LCFS) in California

The LCFS allows those that fall below certain benchmarks of metric tons of Greenhouse Gas (GHG) emissions to receive credits. 2018 amendments revised those benchmarks through 2030 to streamline efforts, allowing for even greater monetization for adhering to those standards.Providers must meet the LCFS carbon intensity standards, or benchmarks, for each annual compliance period.

48A Tax Credit

New credits for 48A carbon capture are available and facilities have the potential to increase their CO2 capture with lowered thresholds and efficiency requirements. Meet CO2 capture and storage requirements.

 

Monetizing Your Carbon Emissions With 45Q Tax Credits

Learn what you need to know about 45Q credits and the steps to take to determine if carbon capture and storage (CCS) is a viable option.
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