Blogs » A Constitutionalist & Believer in Natural Law » Carbon Dioxide Regulation Is Here

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Do you recall individuals that said, “It will never happen”?

Recently the Internal Revenue Service issued “Notice 2011-50”. A tax credit of $20.00 per cubic ton of Carbon Dioxide captured in geological storage and not used in tertiary injection; A tax credit of $10.00 per cubic ton for tertiary injection.

It will be interesting to see what affect this will have on our environment, tax revenues, carbon credits markets, production plants, tons of production, job market, and crop production. It will also be interesting to see how productive these credits will be in reducing atmospheric carbon dioxide.

Carbon Dioxide regulation is here.