Energy - Alternative

Regional Clean Hydrogen Hubs

The Regional Clean Hydrogen Hub program will fund grants or cooperative agreements for six to ten hydrogen hubs, which are intended to develop a network of hydrogen producers, consumers, and transportation infrastructure. The Department of Energy (DOE) must fund at least one hub using fossil fuels, nuclear energy, and renewable energy and at least one […]

Biofuel Infrastructure and Agriculture Product Market Expansion

The Inflation Reduction Act provided $500 million for grants intended to “increase the sale and use of agricultural commodity-based fuels through infrastructure improvements for blending, storing, supplying, or distributing biofuels.” Past U.S. Department of Agriculture subsidies for similar projects (such as specialized gasoline pumps designed to dispense higher blends of ethanol) have primarily benefited first-generation […]

Alternative Fuel and Low-Emission Aviation Technology Program

The Inflation Reduction Act created a new $297 million grant program for projects related to the production, transportation, blending, and storage of sustainable aviation fuels, in addition to developing, demonstrating, or applying low-emission aviation technologies. The program will be administered by the Department of Transportation. While qualifying sustainable aviation fuels must reduce lifecycle greenhouse gas […]

Sustainable Aviation Fuel Credit

The Inflation Reduction Act created a new tax credit of up to $1.75 per gallon for sustainable aviation fuel. The credit begins on January 1, 2023, and ends on December 31, 2024. Thereafter, a new “clean fuel” tax credit is due to begin in 2025, providing similar subsidies for sustainable aviation fuel. Fuels qualifying for […]

Clean Fuel Production Credit

New production tax credit of at least $0.20 per gallon, up to $1 per gallon, adjusted for inflation, for fuel produced from 2025-2027. Sustainable aviation fuel could receive credit of up to $1.75/gallon. Tax credit would enter into force after biomass-based diesel tax credit expires in 2024. Carbon intensity of fuels must be less than […]

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 […]

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 […]

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 […]