President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...more
1/24/2025
/ Clean Energy ,
Climate Action Plan ,
Climate Change ,
Energy & Climate Debates ,
Energy Policy ,
Energy Sector ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Fossil Fuel ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Offshore Wind ,
Paris Agreement ,
Permits ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Trump Administration ,
Wind Power
On January 15, 2025, Department of Energy (DOE) released updated versions of the 45VH2-GREET lifecycle greenhouse gas (GHG) emissions model and accompanying instructional manual. The updates are crucial to the Inflation...more
1/17/2025
/ Clean Energy ,
Climate Change ,
Department of Energy (DOE) ,
Energy Policy ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Methane ,
Production Tax Credit ,
Renewable Energy ,
Renewable Fuel ,
Tax Credits
Over a year since Treasury released proposed rules—after thousands of public comments and various hearings, think pieces, whitepapers, Op-Eds, and, yes, even TV commercials—on January 3, 2025, Treasury finalized rules for...more
In this Issue: Mission is Market -
As with many, we in the Foley Hoag energy and climate practice have felt the results of the 2024 election reverberate through our industry. We’ve gathered and digested the most current...more
12/20/2024
/ Biden Administration ,
Charging Stations ,
Clean Energy ,
Climate Change ,
Electric Vehicles ,
Electricity ,
Energy Projects ,
Energy Sector ,
Energy-Efficiency Tax Credits ,
Environmental Justice ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Funding ,
Inflation Reduction Act (IRA) ,
Investment ,
Investors ,
Legislative Agendas ,
Production Tax Credit ,
Regulatory Agenda ,
Renewable Energy ,
Tariffs ,
Tax Credits ,
Trump Administration ,
U.S. Treasury
On December 4, 2024, the Department of the Treasury finalized new rules governing the Section 48 Investment Tax Credit (“ITC”). The ITC applies to a broad range of clean energy projects, including biogas projects, which were...more
12/10/2024
/ Biofuel ,
Clean Energy ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
Natural Gas ,
Production Tax Credit ,
Proposed Rules ,
Regulatory Agenda ,
Tax Credits ,
Tax Equity ,
U.S. Treasury
After months of waiting to see how federal regulators might advance clean hydrogen tax policy in the runup to and following the November election, we are finally getting some news:
Several outlets are reporting that the...more
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
5/3/2024
/ Biofuel ,
Clean Fuels Program (CFP) ,
Climate Change ,
Energy Sector ,
Fossil Fuel ,
Greenhouse Gas Emissions ,
Inflation Reduction Act (IRA) ,
IRS ,
New Guidance ,
Production Tax Credit ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
On December 22, 2023, the Department of Treasury and Internal Revenue Service (collectively, “IRS”) proposed new regulations for the Inflation Reduction Act’s (“IRA”) Hydrogen Production Tax Credit (“PTC”), otherwise known as...more
1/8/2024
/ Energy Tax Incentives ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
IRS ,
Popular ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury ,
Zero Emission Credits
[This is the third post in our Hydrogen Blog Series. Read the first post here and the second post here] One of the biggest hurdles for clean hydrogen is high costs. The Department of Energy graph below says it all. Today, a...more
5/23/2023
/ Affordable Housing ,
Bipartisan Agreement ,
Clean Energy ,
Department of Energy (DOE) ,
Environmental Protection Agency (EPA) ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
IRS ,
Supply Chain ,
Tax Credits ,
Transportation Industry ,
Urban Planning & Development