The U.S. Environmental Protection Agency (“EPA”) has recently proposed a new rule and the U.S. Congress has recently enacted a new law affecting the global renewable fuel industry....more
Section 40B of the Internal Revenue Code of 1986 (the “Code”) enacted by the Inflation Reduction Act of 2022 (the “IRA”) provides tax credits for each gallon of sustainable aviation fuel (“SAF”) sold or used by a taxpayer...more
5/10/2024
/ Aviation Industry ,
CARB ,
Carbon Offset and Reduction Scheme for International Aviation (CORSIA) ,
Fuel Standards ,
Greenhouse Gas Emissions ,
Guidance Update ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Renewable Fuel ,
Sustainability ,
Tax Credits ,
U.S. Treasury ,
USDA