Carbon Capture, Utilization, and Storage and Hydrogen
As more governments and companies seek to reduce their carbon footprints, the interest in clean energy technologies – such as Carbon Capture, Utilization, and Storage (CCUS) and hydrogen – continues to grow. Our cutting edge climate change and energy transition team is dedicated to helping its clients meet their decarbonization goals and is intimately aware of the important role that CCUS and hydrogen play in these efforts. Our cross-disciplinary team advises a diverse client base on all aspects of CCUS and hydrogen over the entire lifecycle of a project, including advising on regulatory and liability frameworks, providing comprehensive assessments of tax and finance considerations, drafting and negotiating agreements, identifying carbon market issues and opportunities, navigating environmental review and permitting, and spearheading legislative and policy initiatives to facilitate these projects.
Experience Highlights
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Major integrated energy company in comprehensive evaluations of state regulatory and statutory frameworks for CCUS.
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Carbon capture start-up on corporate formation, financing, joint venture negotiations, offshore carbon capture storage lease, and midstream and carbon market considerations.
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Major corn ethanol manufacturing company on regulatory and liability considerations concerning CCUS.
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Renewable fuel company on a first-of-its-kind CCUS project that involved novel permitting issues under state law and with respect to grant funding opportunities under state law.
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Chemical technology company in connection with regulatory advising under the Renewable Fuel Standard regarding eligibility of electrofuels, which are a type of sustainable aviation fuel produced using captured carbon dioxide and clean hydrogen.
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Large biofuel company in assessing 45Q tax credit eligibility and Low Carbon Fuel Standard credit generation, compliance, and risk mitigation under the LCF’s Carbon Capture and Sequestration Protocol.
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Multinational oil and gas company in drafting and negotiating transportation agreements for hydrogen supply and CCUS services.
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Multinational oil and gas company in drafting and negotiating a preliminary joint venture deal structures between hydrogen suppliers, CCUS service providers, and ammonia producers and shippers.