News & Analysis as of November 17, 2024

Inflation Reduction Act (IRA)

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

Foley Hoag LLP - Energy & Climate Counsel on 5/3/2024

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

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New Guidance › Fossil Fuel › Inflation Reduction Act (IRA)

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

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