End Polluter Welfare for Enhanced Oil Recovery Act of 2026

This bill changes two federal tax credits tied to enhanced oil recovery, a method of pumping captured carbon dioxide or other substances into oil wells to get more oil out. For carbon capture facilities that begin construction after the bill becomes law, it would stop the carbon oxide tax credit (Section 45Q) from applying to carbon that is injected into oil or gas wells for enhanced oil recovery. It would also repeal the separate enhanced oil recovery tax credit (Section 43) and make related updates to other parts of the tax code. Both changes would apply to tax years beginning after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Jeff Merkley Democrat sponsor
• 5 cosponsors