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

September 23, 2024

BY Erin Voegele

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Moran, Duckworth, Boozman, Klobuchar launch Senate Sustainable Aviation Caucus

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By Office of Sen. Jerry Moran

September 27, 2024

Sustainable Aviation FuelsPolicy

U.S. Sens. Jerry Moran, R-Kan.; Tammy Duckworth, D-Ill.; John Boozman, R-Ark.; and Amy Klobuchar, D-Minn.; recently launched the Senate Sustainable Aviation Caucus to promote the longevity of the aviation industry and the renewable fuels industry.

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Sens. Joni Ernst, R-Iowa; Amy Klobuchar, D-Minn.; Tina Smith, D-Minn.; Deb Fischer, R-Neb.; and Pete Ricketts, R-Neb., on Sept. 25 sent a letter to Agriculture Secretary Tom Vilsack advocating for additional HBIIP funding.

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Sen. Roger Marshall, R-Kan., and Rep. Tracey Mann, R-Kan., on Sept. 24 introduced Farmer First Fuel Incentives Act, a bill that aims to extend the 45Z credit through 2034 and restrict the credit to fuels made from domestically produced feedstock.

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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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