The "Wildfire Reduction and Carbon Removal Act of 2025" proposes to amend the Internal Revenue Code of 1986 by creating a new tax credit, Section 45BB, for forest residue carbon removal and storage. This credit is designed to incentivize the capture and secure storage or long-duration utilization of carbon dioxide equivalent derived from qualified forest residue biomass. The goal is to promote wildfire hazard reduction and ecological restoration through the beneficial use of forest materials. The credit amount is set at $36 per metric ton for carbon dioxide equivalent stored in secure geological storage and $12 per metric ton for carbon stored via long-duration utilization. These amounts are subject to inflation adjustments for taxable years beginning after 2026. Furthermore, an increased credit amount, five times the base rate, is available for projects that meet specific wage and apprenticeship requirements, similar to those found in Section 45Q(h) of the tax code. Qualified forest residue biomass is defined as forest residues from the thinning of trees no greater than 8 inches in diameter and other residues like limbs and bark. This biomass must meet sustainability standards and originate from wildfire hazard reduction or ecological restoration activities identified by the United States Forest Service or Bureau of Land Management. A qualified forest residue biomass carbon removal and storage project must use biomass equipment to store at least 1,000 metric tons of qualified carbon dioxide equivalent annually. Secure geological storage involves storing carbon dioxide equivalent in wells or underground mechanisms, including the injection of bio-liquids or bio-solids or engineered burial of biomass, with a demonstrated capability to store carbon securely for at least 1,000 years. Long-duration utilization refers to storage in products like biochar or durable building materials that can securely store carbon for at least 100 years. The bill includes provisions to prevent double-dipping, disallowing this credit if other specific energy or carbon credits are claimed for the same project. The Secretary of the Treasury, in consultation with the Secretaries of Agriculture and the Interior, is mandated to issue regulations establishing sustainability standards for qualified forest residue biomass. These standards will ensure minimal negative impacts on soil quality, biodiversity, water quality, and food production. Additionally, the Secretary, in consultation with the Secretary of Energy and the EPA Administrator, must establish rigorous lifecycle analysis and monitoring, reporting, and verification (MRV) requirements to accurately determine net carbon dioxide equivalent removal. Both sets of regulations will undergo public comment periods and are subject to review and potential updates every five years to incorporate the latest scientific advancements. The amendments made by this section will apply to taxable years beginning after December 31, 2025, and the credit will be part of the general business credit, allowing for elective payment and transferability.