Energy - Alternative

Alternative Fuel Mixture Credit

The Alternative Fuel Mixture Credit is a $0.50 per gallon credit for producers of P-Series fuels, liquefied hydrogen, liquid fuel derived from coal through the Fischer-Tropsch process, or liquid fuel derived from biomass with gasoline, diesel or kerosene. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 extended the credit through the end of […]

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Biobased Markets Program

Beginning with the Rural Investment Act of 2002 and further codified in the Food, Conservation, and Energy Act of 2008, the Biobased Markets Program is a requirement for federal agencies to procure biobased products to the maximum practicable extent with a preference for products with the highest percentage of biobased ingredients; to establish a procurement […]

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Excess of Percentage Over Cost Depletion, Nonfuel Minerals

Businesses are generally allowed to recoup the capital costs associated with acquiring or creating an asset by deducting them from their taxable income. Typically, the costs are depreciated—deducted each year in proportion to the remaining useful life of the asset, corresponding to the income it generates. For natural resource assets, the costs of acquiring the […]

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Expensing of Exploration and Development for Non-fuel Minerals

Expensing of costs associated with exploration and development refers to the ability of some extractive industries to deduct prospecting costs fully from their taxable income immediately or as they are incurred rather than waiting for those activities to generate income. This is an exception to general tax rules, which normally require companies to capitalize these […]

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Biodiesel Fuel Education Program

The Biodiesel Fuel Education Program provides grants to nonprofit organizations and institutions of higher education to tout the supposed benefits of biodiesel fuel use. The program is intended to support advances in biodiesel fueling infrastructure, fuel quality, fuel safety and increasing feedstock production.  The Agriculture Improvement Act of 2018 (the 2018 farm bill) reauthorized the […]

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Bioenergy Program for Advanced Biofuels

The Bioenergy Program for Advanced Biofuels (BPAB) is intended to pay advanced biofuel producers to expand their production levels. Other than corn starch ethanol, nearly every other type of biofuel is eligible for the program, including ethanol, biodiesel, biogas, butanol or biofuels derived from cellulose (like perennial grasses or agricultural residues), sugar or starches, waste […]

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Biological and Environmental Research – Biological Systems Science

The Department of Energy’s (DOE) Biological and Environmental Research (BER) program conducts peer-reviewed scientific research, involving studying health and environmental issues. In 2007, the DOE established three Bioenergy Research Centers (BRCs) in order to focus advanced biotechnology-based resources on biofuel production. According to the DOE, the BRCs are presently conducting research on processes needed for […]

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Biomass Crop Assistance Program

The Biomass Crop Assistance Program (BCAP) was intended to spur development of advanced biofuels derived from non-food and feed crops. The goal was to pay individuals and companies to plant perennial grasses, harvest agricultural residues, collect wood waste, store biomass and transport these materials to bioenergy facilities. While the program is more oriented toward its […]

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