Enhanced oil recovery and carbon capture: Section 45Q in the age of Trump
22 October 2025
The One Big Beautiful Bill Act ("OBBBA"), signed by President Trump into law on July 4, 2025, has enacted sweeping changes to the tax credit regime for carbon capture and clean energy investment. Among the most impactful changes ushered in by the OBBBA is an increase in the value of the tax credits available in connection with enhanced oil recovery ("EOR"), which fundamentally alters the economics of many potential carbon capture projects.
