[20210728]IN11710_第117届国会碳捕获和封存税收抵免（“第45Q节”）立法.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Carbon Capture and Sequestration Tax Credit (“Section 45Q”) Legislation in the 117th Congress July 28, 2021 The tax credit for carbon oxide sequestration (Internal Revenue Code IRC Section 45Q) is intended to incentivize investment in carbon capture and sequestration technologies (also known as carbon capture and storage CCS). While deployment of CCS technology has been limited to date, academics and industry experts (see here, here, and here) believe the technology has great potential for achieving GHG emissions reductions. One barrier to CCS deployment has been cost. Tax credits, such as the current-law tax credit in Section 45Q, are one policy option for addressing this barrier. There are a number of proposals in the 117th Congress to modify and expand Section 45Q. This Insight highlights the key changes that would be made to Section 45Q across different legislative proposals. Legislative Proposals in the 117th Congress to Modify Section 45Q Proposals introduced on a largely stand-alone basis are summarized and compared in Table 1. Congressional Research Service https:/crsreports.congress.gov IN11710