News & Analysis as of

Climate Change Biofuel Fossil Fuel

Foley Hoag LLP - Energy & Climate Counsel

Treasury and IRS Issue Guidance on Calculating Lifecycle GHG Emissions for IRA’s Sustainable Aviation Fuel Tax Credit

The IRA created substantial tax credits for SAF. Under Section 40B, SAF producers who meet certain requirements can claim a credit of at least $1.25 per gallon of SAF. Among other things, eligible SAF must achieve lifecycle...more

Stinson LLP

Biden Plan Calls for Carbon Neutral Jet Fuel by 2050 With Eye Towards Biofuels

Stinson LLP on

A recently-issued multi-agency report highlights a path for the U.S. government to replace fossil fuel-based jet fuel with renewable sources to address climate change and encourage infrastructure development. The U.S....more

Holland & Knight LLP

U.S. Department of Energy Biofuel Funding Opportunities for the Maritime Sector

Holland & Knight LLP on

Under the Biden Administration, environmental sustainability as a means to combat climate change has been thrust into the spotlight as an emerging national imperative. This was made clear through President Joe Biden's...more

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