Targa Resources Lobbying Report Shows Focus on Carbon Capture Tax Credit and Pipeline Rules
legis1.comTarga Resources spent $150,000 on federal lobbying in the third quarter of 2026, according to its latest disclosure. That is down from $160,000 in the prior quarter but still above every 2025 quarter. The company handled all lobbying in-house, with two vice presidents listed on the filing: Vincent DiCosimo and Sanjay Lad. The filing lists five issue areas that affect midstream energy infrastructure: carbon capture and sequestration tax policy, NEPA regulatory reform, a PHMSA proposed rule on pipelines, drilling bans, and Section 301. The carbon capture piece matters because Rep. Scott Perry introduced a bill to repeal the 45Q tax credit, while the Carbon Capture Coalition has urged Treasury to keep existing guidance in place. Separately, PHMSA proposed updating anomaly response rules for gas and hazardous liquid pipelines, though an earlier CO2 pipeline safety rule was withdrawn. For anyone tracking carbon capture projects, the takeaway is that the policy risk is not just about the tax credit. Pipeline permitting and safety standards determine whether captured CO2 can actually move to storage. Targa's lobbying list shows it is watching both ends of that chain.