Carbon Capture

As a growing number of entities announce ambitious individual targets for carbon emission reductions to net zero, carbon capture utilization and storage (CCUS) projects and technologies are gaining investments globally.

King & Spalding has a team dedicated to CCUS projects and represents numerous clients developing innovative CCUS projects, including a direct air capture project, CCUS for power plants, CCUS for LNG, the first CCUS project to be financed using Section 45Q tax credits, and previously, the largest CCUS project in the world. Our CCUS team provides unparalleled legal services throughout the entire CCUS chain, including all phases of development and operation, such as real estate, construction, commercial, intellectual property, regulatory, environmental, finance, tax and DOE loan guarantees and advice.

We are deeply involved in our clients’ efforts to decarbonize fuels and we counsel energy companies, lenders, and private equity funds in the diversification of their assets and portfolios, including acquiring or investing in the renewables/alternative investment space, or divesting traditional energy assets. We anticipate and identify potential issues to mitigate risks, including potential disputes at all levels, as local, national, and global markets continue to evolve and jurisdictions around the globe build out their regulatory frameworks.