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Climate Solutions will Require California Creativity

November 12, 2021

BY Leticia Phillips

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IRS publishes proposed regulations for IRA’s Alternative Fuel Vehicle Refueling Property Credit

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By Erin Voegele

11 hours ago

Policy

The U.S. Department of Treasury and Internal Revenue Service on Sept. 18 released proposed regulations to provide guidance for the Section 30C Alternative Fuel Vehicle Refueling Property Credit.

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Iowa biodiesel producers on Sept. 20submitted a letter urging the U.S. Department of Treasury to take immediate action in issuing safe harbor guidance for the 45Z Clean Fuel Production Credit. according to the IRFA.

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The U.S. EPA has announced that 2.06 billion RINs were generated under the RFS in August, down from 2.07 billion generated during the same month of last year. Total RIN generation for the first eight months of 2024 reached 16.49 billion.

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The U.S. EPA on Sept. 19 released updated SRE data, reporting that two new SRE petitions were filed under the RFS during the past month. A total of 50 SRE petitions are now pending, up from 48 that were pending as of mid-August.

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The RFA has asked the U.S. EPA for an update on the agency’s investigation of certain biofuel feedstock imports and is urging the adoption of more stringent feedstock verification requirements for imported used cooking oil and tallow.

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