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EPA Proposes 2026-2027 Renewable Fuel Standard Volume Mandates

The U.S. Environmental Protection Agency (EPA) on June 13, 2025, issued a proposed rule, "Renewable Fuel Standard (RFS) Program: Standards for 2026 and 2027, Partial Waiver of 2025 Cellulosic Biofuel Volume Requirement, and...more

Questions and Answers: Initial Section 45Z Clean Fuel PTC Guidance

The U.S. Department of the Treasury and IRS on Jan. 10, 2025, released initial guidance regarding the production tax credit (PTC) for clean fuels under Section 45Z of the Internal Revenue Code, as enacted by the Inflation...more

Key Highlights of the Section 761 Final Regulations and Impact on Section 6417 Direct Payments

Under Section 6417 of the Code, as enacted by the Inflation Reduction Act (IRA), certain taxpayers that fall within the statutory definition of "applicable entities" are allowed to elect to receive a direct payment (i.e.,...more

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