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