More than 125 groups call on Congress to end 45Q tax credits

By: Cami Koons

Outlets: Iowa Capital Dispatch

Published: February 27, 2026

Words: 633

Last Updated: 1 week, 5 days ago

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Environmental and advocacy groups from across the country sent a letter to members of Congress asking for an end to 45Q tax credits which they argue are wasteful and make taxpayers foot the bill for the “extraction of uneconomic oil.”

Companies that facilitate the sequestration of carbon dioxide are eligible for 45Q tax credits, which were created with the intent to help reduce carbon dioxide emissions in the atmosphere.

Companies can also …

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