News & Analysis as of

Tax Credits Biodiesel

Brownstein Hyatt Farber Schreck

Sustainable Aviation Fuel Hits the Runway with Farm-to-Fly Bills

On Jan. 22, Sens. Jerry Moran (R-KS), Amy Klobuchar (D-MN), Joni Ernst (R-IA), Tammy Duckworth (D-IL) and Chuck Grassley (R-IA) introduced the Farm to Fly Act (S.3637) in the Senate. The purpose of the bill is to enable...more

Hahn Loeser & Parks LLP

Businesses and Individuals Can Benefit From The Inflation Reduction Act

The recently enacted Inflation Reduction Act of 2022 contains several new environment-related tax credits that are of interest to individuals and small businesses. The Act also extends and modifies some preexisting credits....more

Vinson & Elkins LLP

Introduction To Renewable Fuels

Vinson & Elkins LLP on

Nationally and globally, there is growing focus on renewable fuels as a potentially profitable part of the strategy to reduce carbon emissions and mitigate climate change. While a number of renewable fuels regulations and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020

Massive New Bipartisan Senate Energy Legislative Package Could See Vote as Early as Next Week - "The 555 page legislative package combines almost all the 50 energy bills that were reported to the Senate in 2019, and is...more

Pillsbury Winthrop Shaw Pittman LLP

Spending Deal Provides Long-Term Extension for Biodiesel Tax Credit

The return of the credit brings with it greater stability. • The blenders tax credit for biodiesel and renewable diesel is retroactively reinstated. • A “special rule” calls for a one-time claims process to speed credit...more

Hogan Lovells

Congress' year-end funding bill included extensions of tax credits for renewable energy, including wind, biofuels, and others

Hogan Lovells on

In a rare display of bipartisanship, both houses of Congress and President Trump were able to come to agreement in the waning hours of the 2019 congressional session to extend government funding for fiscal year 2020. Included...more

Hogan Lovells

Congress passes FY 2020 funding bill with tax benefits for energy, health care, and retirement plans

Hogan Lovells on

In a rare display of bipartisanship, after intense last minute negotiations between congressional leadership and the Executive Branch, President Donald Trump signed into law legislation passed last week by Congress to...more

Faegre Drinker Biddle & Reath LLP

Tax Extenders Deal Retroactively Includes Key Biofuels Credit, Drops Others

A last-minute deal to extend several expired and expiring tax provisions was reached among House, Senate and Trump administration negotiators, ending months-long speculation about the package. The deal, which includes a...more

Pillsbury - Gravel2Gavel Construction & Real...

The U.S. Court of Appeals Upholds Denial of Alternative Fuel Tax Credits and the Imposition of Large Penalties

The federal government has long encouraged the development and use of alternative fuels by enacting legislation that promises tax credits for such use....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - October 2019 #2

Supreme Court Showdown Set Over Pipeline Crossing of Appalachian Trail - "Led by Dominion and Duke Energy, the company contends that 'long-standing precedent' allows pipelines to cross the 2,000-mile national scenic...more

Bergeson & Campbell, P.C.

Taxpayer Certainty And Disaster Tax Relief Act Of 2019 Introduced To House Ways And Means Subcommittee

On June 18, 2019, Representative Mike Thompson, (D-CA), Chair of the House Ways and Means Subcommittee on Select Revenue Measures, introduced the Taxpayer Certainty and Disaster Tax Relief Act of 2019. ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Biodiesel/Criminal Environmental Enforcement: U.S. Department of Justice Announces Conviction Of Biofuel Company Owners for...

The United States Department of Justice (“DOJ”) announced in an April 23rd news release that two individuals were found guilty of: One count of conspiracy to make false statements to the United States Environmental...more

Faegre Drinker Biddle & Reath LLP

EPA Caps Busy Week for Biofuels With Release of Renewable Volume Obligations

On November 30, the EPA released its final rule for 2019/2020 renewable volume obligations (RVOs) for the Renewable Fuel Standard. The move establishes the marketplace for ethanol and other renewable fuels for the coming...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - November 2018

New York Sues Exxon Mobil, Saying It Deceived Shareholders on Climate Change - "The litigation, which follows more than three years of investigation, represents the most significant legal effort yet to establish that a...more

Bergeson & Campbell, P.C.

NBB Focuses On Extension Of $1-Per-Gallon Tax Credit Over Conversion

On May 25, 2018, the National Biodiesel Board (NBB) dropped its nearly decade long pursuit to convert a $1-per-gallon tax credit for biofuel blenders to an equivalent credit for producers. NBB originally sought to change the...more

Bergeson & Campbell, P.C.

New York Governor Signs Bill On Bioheating Fuel Requirements

The National Biodiesel Board (NBB) announced that on September 13, 2017, New York Governor Andrew Cuomo signed legislation that introduces bioheating fuel tax credits and bioheating fuel tax requirements to three New York...more

Bergeson & Campbell, P.C.

NBB Meets With Congress On Biodiesel Tax Incentive

On June 20, 2017, the National Biodiesel Board (NBB) announced that nearly 100 biodiesel advocates from across the country visited Capitol Hill to urge Congress to bring back the biodiesel tax incentive as proposed in both...more

Bergeson & Campbell, P.C.

Bipartisan Bill Introduced To Reform The Biodiesel Tax Credit

On April 26, 2017, a bipartisan bill was introduced in the U.S. Senate to reform the biodiesel tax credit and extend the new policy for three years. The American Renewable Fuel and Job Creation Act of 2017, which was...more

19 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide