The change in Presidential Administrations this December-January season has left an unprecedented amount of issues open across the transition period, including a multitude that specifically affect the Energy and Transportation Industries. Truth be told, there are too many items up in the air to cover where we are on all of them in one update, so we will try our best and keep you posted as the news cycles turn.
Topics: Carbon Emissions, tariff, Trump Administration, Biden Administration, ZEV
MassDEP adopted the CARB (California Air Resources Board) Heavy Duty Omnibus and Advanced Clean Truck Regulations (aka 310 CMR 7.40) December 2021, along with several other States. The bill took effect January 1, 2025.
Topics: EPA, Massachusetts, Carbon Emissions, net-zero, decarbonization, CARB, ZEV
The next chapter of Massachusetts Climate Change regulation kicks on January 1st with emissions and storage reporting requirements for the DEP due throughout 2025 ahead of the full enactment of the Clean Heat Standard kicking on in January 2026.
Topics: Massachusetts, Carbon Emissions, decarbonization, clean heat standard
As we round into 2025, and the election day preceding it, we thought it would be helpful to highlight energy related tax, credit, and funding items that either have an expiration looming December 31, 2024, are slated to kick on January 1, 2025... OR that have their passage or continuation hanging in the balance depending on how the election goes. If you're in Massachusetts, there are a host of additional items on the horizon, by the way, the following are Federal Level items:
Topics: Biodiesel Tax Credit, Biodiesel, Carbon Emissions, Trump Administration, Biden Administration, Inflation Reduction Act, Carbon Capture, Clean Fuel Production Credit, renewable diesel
What is Renewable Diesel?
Topics: Biofuels, Carbon Emissions, decarbonization, renewable diesel
In early May of 2024, the New Jersey Township of North Brunswick conducted an initial trial of renewable diesel y fueling the township's DPW trucks with Neste MyRenewable Diesel. Now, all of North Brunswick's public fleet, including school busses, fire trucks, and backup generators are powered by renewable diesel. This move is projected use around 50,000 gallons a year and result in a reduction of GHG emissions by 470 tons annually.
Topics: Carbon Emissions, renewable energy, renewable diesel
The Clean Fuel Production Credit is part of the Inflation Reduction Act passed in 2022. The Act includes substantial provisions for climate initiatives including the aforementioned credit, and multiple provisions regarding EV incentivization.
Topics: Biodiesel Tax Credit, Biodiesel, Climate Change, Carbon Emissions, renewable energy, Inflation Reduction Act, Clean Fuel Production Credit
The Biodiesel Blender Tax Credit is set to expire at the end of 2024, at which point it will be replaced by the Clean Fuel Production Credit. The Clean Fuel Production credit (somewhat obviously) accrues credit to producers of clean transportation fuels produced at approved facilities for approved uses and does NOT carry through to blenders of clean transportation fuels like biodiesel and renewable diesel.
Topics: Biodiesel Tax Credit, Biodiesel, Carbon Emissions, renewable energy, Clean Fuel Production Credit
Two new nuclear reactors in Georgia at Plant Vogtle are the first new reactors built in the United States in 30 years. Each of them will power 500,000 homes and businesses with clean nuclear energy.
Topics: Oil & Energy Magazine, Carbon Emissions, renewable energy, net-zero, power plants, nuclear
The International Maritime Organization (IMO) is meeting in Brussels this month, and one of the main topics of discussion is a proposed charge on the international shipping sector’s greenhouse gas emissions. Backers of the proposed carbon levy include the European Union, Japan, Canada, and multiple Pacific Island nations who are low lying and especially vulnerable to climate impacts.
Topics: Carbon Emissions, IMO 2020, decarbonization