Jan 14, 2025

Treasury department releases partial 45Z guidance

Posted Jan 14, 2025 6:25 PM

The government released short-term guidance on accessing clean fuel tax credits under the Inflation Reduction Act. However, the announcement fell short of finalizing the program’s details. Reports say biofuel groups were hoping for more clarity on the tax credits for fuels that help combat climate change. The groups are hopeful that more complete guidance will provide a pathway for corn-based ethanol to expand its market as a sustainable aviation fuel feedstock.