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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 biofuels made from ...
That’s not the bill's only provision affecting EV ownership. In addition to removing the tax credit, the bill looks to institute a Federal Annual Registration Fee for both EVs and hybrid vehicles.
Extending the Biodiesel Blenders' Tax Credit would immediately incentivize fuel retailers nationwide to buy and blend more gallons of biodiesel at a time when American access to low-cost biofuels ...
Sustainable aviation fuel supply experienced fluctuations, with initial growth followed by a decline due to weak RIN prices and uncertainty about tax credits.
WASHINGTON, DC (REUTERS) – Agriculture Secretary Tom Vilsack said on September 10 he is confident that a clean fuels tax credit program set to take effect in 2025 will be finalized by end of the ...
The IRS crackdown on the crackpot tax tips that flooded TikTok and other social media platforms in recent years will include a brand new form for the misused fuel tax credit, a more stringent IRS ...
For more than 15 years, Hawaii has been working toward 100% renewable energy for the electricity and transportation sectors. For even longer, we’ve talked about diversifying our state’s ...
The Internal Revenue Service introduced a new form to protect ineligible taxpayers from claiming the Fuel Tax Credit.
NEW YORK, Jan 10 (Reuters) - The U.S. is expected to release by next week a climate model for clean fuel tax credits that will sharply reduce the ability of ethanol producers to access subsidies ...
The Biden administration previously updated the climate model, called the GREET model, last year for a stopgap tax credit under the clean fuel program that expired on Jan 1.
FutureFuel Corp. receives IRS approval for Excise Tax Registration, paving the way for clean fuel tax credits.