On December 19, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) announced they have provided a safe harbor for taxpayers who capture and store carbon in dedicated saline geologic formations, thereby enabling a path forward for the continued election of the Section 45Q tax credit in 2025. Under this interim guidance, taxpayers using Subpart RR to substantiate volumes … Continued The post Treasury Releases Interim Guidance to allow Taxpayers to Continue Electing