The EPA's proposal to eliminate greenhouse gas reporting requirements for 8,000 facilities creates immediate funding risks for carbon sequestration projects. While Administrator Zeldin claims $2.4 billion in business savings, the move eliminates verification data that Treasury requires for Section 45Q tax credits—the primary financing mechanism for carbon capture investments. The carbon industry warns this threatens $77.5 billion in announced projects, revealing how regulatory rollbacks can instantly devalue environmental investments regardless of underlying technology merit.
EPA Ends Emissions Reporting, Threatens Carbon Project Funding
The EPA's proposal to eliminate greenhouse gas reporting requirements for 8,000 facilities creates immediate funding risks for carbon sequestration projects. While Administrator Zeldin claims $2.4 billion in business savings, the move eliminates verification data that Treasury requires for Section 45Q tax credits—the primary financing mechanism for carbon capture investments. The carbon industry warns this threatens $77.5 billion in announced projects, revealing how regulatory rollbacks can instantly devalue environmental investments regardless of underlying technology merit.