Have you ever heard about Carbon Capture Technology? What if I tell you that investing in those projects could be one way to help the environment and reduce your tax burden. In this week’s episode, Dr. Eric N. Shelly and I get into the weeds on carbon capture. We talk about the environmental impact of this technology and how investing in this technology is beneficial to your bottom line with tax savings as well as cash flow. Eric talks about different ways that this technology impacts us and our environment through carbon capture and sequestration which decreases greenhouse gas and enhanced oil recovery decreasing the number of oil wells that need to be drilled. Our government wants private investors to provide these services and provides significant tax benefits against W-2 income.
Dr. Eric is an entrepreneur and investor. After earning a BA in Physics at Franklin & Marshall College and a DMD from the University of Pennsylvania, Eric established and grew a thriving multi-doctor, a multi-office dental business that has prospered for three decades. Eric sold his dental business and now focuses on sharing his skills, connections, knowledge, and opportunities with successful professionals. He and his team build and manage diversified strategic portfolios and projects targeting high yields, tax advantages, and equity growth and preservation. Currently, Eric and his team are focusing on the clean energy technology space, where they have acquired over $50 million in assets over the past 2 years.
Listen and enjoy!
[00:02 - 07:42] Opening Statement
Eric shares his background and work experience
When Eric decided to start looking at real estate and decide that you were ready to get rid of the dentistry
Real estate has been a critical component of the financing of Eric's practice
[07:42 - 19:44] Investing in Buildings Along with Practice Finance
Why Eric ended up investing in carbon capture technology
Eric shares capital gains and taxes when selling his properties
How new technology for cleaning up gas works
[19:45 - 29:43] Doing Carbon Dioxide Removal
The economic benefits of carbon capture and storage (CCS)
Freedom Energy funds essentially raise money to buy equipment in various packages
How Eric’s project takes advantage of the oil drilling deduction
[19:45 - 36:58] The Economic and Environmental Benefits
How to offset taxes with investments in projects that improve the carbon dioxide (CO2) in the atmosphere
The risks and rewards associated with investing in a fund that uses leverage
The reason why tax advice should be sought before making any investment decisions
[36:59 - 38:15] Closing Segment
Connect with Eric through LinkedIn, and Facebook. Make sure to check out Freedom Impact Consulting, a company that provides entrepreneurial investors and busy professionals with passive income strategies and tax mitigation tools to take control of their family’s financial future.
To receive your FREE Report: Top Benefits of Investing in Carbon Capture Technology: https://bit.ly/3s35jDE or email email@example.com.
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Let’s Connect! You can connect with our host Felecia Froe on Instagram, Facebook, and Twitter. Be sure to check out her website https://moneywithmission.com/ to discover investment strategies designed to make a difference!
If you would like to schedule a call with Felecia, go to https://calendly.com/feleciafroemd and she will be more than happy to talk with you!
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“Before storage technology, the gas with the CO2 would come out of the ground. They would have to take all of that product to someplace to have it cleaned up so that