News & Analysis as of

Clean Air Act Energy Tax Incentives

Foley Hoag LLP - Energy & Climate Counsel

IRS Releases Guidance on SAF Tax Credit and Signals Forthcoming Revisions to GREET Model for Determi

On December 15, 2023, IRS published Notice 2024-06, a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). The guidance establishes a safe harbor...more

King & Spalding

H2ypothetical - August 2022

King & Spalding on

On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act). The Act includes multiple tax benefits for hydrogen production, storage and utilization, summarized in the following King & Spalding...more

Lippes Mathias LLP

Inflation Reduction Act Highlights: Environmental Justice, Climate Change and Expedited Permitting

Lippes Mathias LLP on

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA), sweeping legislation that commits $369 billion to combat climate change, fund clean energy and development, and address environmental justice. This...more

Beveridge & Diamond PC

Inflation Reduction Act Signed Into Law, Committing $370 Billion to Action on Climate and Energy

Beveridge & Diamond PC on

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. The IRA includes a host of programs aimed at addressing climate change and energy production. These include, for example, major new or...more

Latham & Watkins LLP

EPA Finalizes Historic Greenhouse Gas Emission Reduction Program

Latham & Watkins LLP on

Existing and new power plants face increasing complexity as EPA’s historic final rule regulating greenhouse gas emissions represents a major expansion of EPA’s regulatory authority. In a rare presidential announcement of...more

Eversheds Sutherland (US) LLP

More Regulatory Stability and Incentives for Biogas and Biomass Projects

Last month, the U.S. Environmental Protection Agency (EPA) announced a host of new incentives to encourage the use of fuels derived from biomass—including biogas that replaces traditional natural gas in the form of compressed...more

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