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
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
