On a wide array of issues like abortion, taxes, race and judges, President Biden’s opportunities would shrink as Republicans vow to dismantle much of his legislative accomplishments.
Congress authorized the expansion of tax credits for carbon capture back in 2018. But the Internal Revenue Service has still not released important details about the way it is interpreting the revisions to Section 45Q of its code.
At least a dozen carbon capture projects remain blocked because the I.R.S. has yet to explain how, exactly, companies can claim the tax credit that would make the projects viable.
