Jul. 16 at 3:19 AM
$RKDA
Trump maintained bipartisan support for CO₂‑EOR by preserving and increasing the 45Q tax credit, making it available at
$85/ton for EOR—equalizing it with credits for permanent storage—through the “One Big Beautiful Bill.” This aligned EOR incentives with direct air capture and saline storage
He also signed executive action to accelerate federal permitting for CO₂ storage sites—delegating authority to states like West Virginia
The administration dropped proposed safety rules on CO₂ pipelines and weakened EPA climate regulations, streamlining fossil fuel infrastructure approval but raising environmental safety concerns
Broader deregulation favored fossil fuel expansion, often at the expense of environmental protections
Trump framed CO₂‑EOR and CCUS largely as strategic energy initiatives to support domestic energy dominance, focusing on oil production and economic growth , with focus on incentives over direct investment
