45Q) which is— (1) disposed of by such person in secure geological storage, as described in subsection (f)(2) of such section, (2) used by such person as a tertiary injectant in a qualified enhanced oil or natural gas recovery project (as defined in subsection (e)(2) of such section) and disposed of by such person in secure geological storage, or (3) utilized by such person in a manner described in subsection (f)(5) of such section. (b) Payments for carbon capture (1) In general In the case of any industrial facility for which carbon capture equipment has been placed in service, the Secretary shall make payments to the owner of such facility in the same manner as if such payment was a refund of an overpayment of the carbon fee imposed by section 4692. (2) Amount of payment The payment determined under this subsection shall be an amount equal to— (A) the metric tons of qualified carbon oxide captured and disposed of, used, or utilized in a manner consistent with subsection (a), multiplied by (B) the carbon fee rate during the year in which the carbon fee was imposed by section 4692 upon the covered fuel to which such carbon oxide relates. (3) Coordination with credit for carbon oxide sequestration At such time that the Secretary prescribes regulations implementing this section, no payment under this section shall be allowed to any person for any unit of carbon oxide for which a credit has been allowed with respect to such unit under section 45Q. (c) Exception In the case of any industrial facility which is owned by an entity that is determined to be in violation of any applicable air quality regulations, such facility shall not be eligible for any payment under this section during the period of such violation. 4696. Carbon border fee adjustment (a) In general The fees imposed by, and refunds allowed under, this section shall be referred to as the carbon border fee adjustment . (b) Imported covered fuels fee In the case of any person that imports into the United States any covered fuel, there shall be imposed a