Renewable Energy Tax Credits with Amish Shah

Tax attorney Amish Shah joined the Catching Carbon podcast to discuss renewable energy tax credits. During this conversation, he explains the nuances of the 45Q tax credit, and sheds light on its evolving guidelines and the exciting inclusion of utilization in the equation. They also explore the challenges associated with these tax credits, from the stipulated dollar amounts to the minimum requirements for eligibility. Additionally, Mr. Shah breaks down the current legislative landscape, outlining bills that aim to amplify the credit amounts for utilization, thus incentivizing businesses to invest further in carbon capture projects. Finally, they delve into the significance of Life Cycle Assessments (LCAs) in these projects, discussing their role in quantifying the environmental impact and overall efficacy of carbon capture and utilization initiatives.

Duration: 28:25