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Oil Companies on the Section 45Q Tax Credit: Take the Money and Run
“This is not a minor reporting error. This looks like flagrant noncompliance with a fundamental requirement that gauges the efficacy of carbon capture and storage technology as a climate mitigation tool. 45Q is close to useless without secure geological storage. The industry just took the money and ran,” said John Noel, National Oil & Gas Program Director.
On Shaky Ground
On Shaky Ground: Fracking, Acidizing, and Increased Earthquake Risk in California finds that millions of Californians live in areas threatened by oil industry-induced earthquakes.