Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Reported under Subpart RR (Notice 2026-50)

14 organizations filed 15 public comments on Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Reported under Subpart RR (Notice 2026-50), at the Internal Revenue Service. The comment window closed 6d ago.

Abstract

This notice modifies and amplifies Notice 2026-1 by expanding the scope of the safe harbor provided in Notice 2026-1 to include qualified carbon oxide that is used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project and the determination of the amount of qualified carbon oxide subject to recapture. This notice also extends the applicability date of the safe harbor provided in Notice 2026-1.

Commenters (14)

• US Biochar Coalitiontrade assoc.

  2 filings · confidence 85%
• Carbon Business Counciltrade assoc.

  1 filing · confidence 85%
• Carbon Capture Coalitiontrade assoc.

  1 filing · confidence 85%
• Carbon Management Alliancetrade assoc.

  1 filing · confidence 85%
• Carbon Removal Alliancetrade assoc.

  1 filing · confidence 85%
• Carbon Utilization Research Counciltrade assoc.

  1 filing · confidence 85%
• Center for Biological Diversity

  1 filing · confidence 97%
• Environmental Defense Fundtrade assoc.

  1 filing · confidence 97%
• Exxon Mobil Corporationunverified attribution

  1 filing · confidence 70%
• International Emissions Trading Associationtrade assoc.

  1 filing · confidence 85%
• Louisiana Energy Freedom Coalitiontrade assoc.

  1 filing · confidence 85%
• Northeastern Biochar Solutions LLCunverified attribution

  1 filing · confidence 70%
• Occidental Petroleum Corporationunverified attribution

  1 filing · confidence 70%
• VALORIZE INFRASTRUCTURE LLCunverified attribution

  1 filing · confidence 70%