By Leah Douglas WASHINGTON (Reuters) -U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for ...

Those market-making tax credits, included in 2022’s Inflation Reduction Act (IRA), “are in addition to any fuel credits earned under the RFS,” today’s ethanol-enabling federal Renewable ...

Fuel cell companies in Connecticut stand to benefit from President Donald J. Trump’s “One Big Beautiful Bill Act,” which restores tax incentives for the fuel cell industry. Danbury-based FuelCell ...

A person finishes pumping gas at a Valero gas station on October 22, 2024 in Austin, Texas. The IRS is making changes to crack down on improper use of the Fuel Tax Credit.

The 2022 Inflation Reduction Act promised producers of those crops a tax credit of between $1.25 to $1.75 per gallon, a potential windfall for Minnesota’s corn growers.

U.S. Sen. Amy Klobuchar wants to help Midwest corn farmers tap into new lucrative tax credits aimed at making airplane fuel more climate friendly. But some environmentalists worry her proposal ...

To qualify for the credit, which was created by the Inflation Reduction Act, the fuel must have a minimum reduction of 50% in life cycle greenhouse gas emissions. This is the latest in several notices ...

A Republican-led effort would increase tax incentives for oil and gas operators installing devices to limit air-polluting emissions at wells throughout New Mexico. House Bill 350, sponsored by ...

Used cars. Perhaps the biggest change to US EV incentives is that used cars can now qualify under the Previously Owned Clean Vehicles Credit. This allows for a tax credit of up to $4,000 for a ...