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Carbon Capture Regulation

Baker Recommends
April 1, 2022
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Location:

Louisiana State University's 69th Annual Mineral Law Institute
LSU Law Center – McKernan Law Auditorium
Baton Rouge, LA

Date/Time:

April 1, 2022

Join Baker Donelson attorney Colleen C. Jarrott at the 69th Annual Mineral Law Institute presented by LSU Law. Ms. Jarrott will co-present "Carbon Capture Regulation" with Tyler P. Gray, in-house counsel at Placid Refining, providing an overview of the state of carbon capture and sequestration in Louisiana.

With 2050 being Louisiana's goal for reaching net-zero carbon emissions, the oil & gas industry is looking at opportunities to do business now and into the future. Although it has been investing in research and development into alternative energy sources for decades, the discussion of implementing these "green" technologies has increased significantly. The key to reducing emissions is sequestration, focusing on states with industry and available pore space for carbon storage. As such, states need to implement new and complex regulatory schemes by obtaining primacy from the appropriate federal agencies. Simultaneously, the Internal Revenue Service is working to roll out new rules and regulations to create a credit scheme hoping to monetize capturing greenhouse gas emissions and sequestering them.

This presentation will take a deep dive into:

  • Current regulatory trends in Louisiana regarding its Class VI well program;
  • The importance of obtaining primacy from the Environmental Protection Agency;
  • Ways that companies are evaluating emission reductions as part of their business models, and
  • Available tax credits for companies exploring capture and sequestration investments.

Continuing Legal Education (CLE) credits are available for this conference. You can learn more at the event website here.

Events Contact

 
Heather Stripling
T: 205.250.8332
  Email Professional

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