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Growth Energy Applauds IRS Guidance and DOE GREET Model Update to Maximize Value of 45Z Clean Fuel Production Credit

Published:

English editorial record · proofuel

Key points

  • Growth Energy commended the IRS for guidance released alongside the DOE GREET Model update, which allows qualifying low-carbon agricultural practices to be included in 45Z Clean Fuel Production Tax Credit calculations.
  • The guidance also provides transition rules for changes made by the One Big Beautiful Bill Act, including excluding emissions from indirect land use change calculations.

Summary

Growth Energy commended the IRS for guidance released alongside the DOE GREET Model update, which allows qualifying low-carbon agricultural practices to be included in 45Z Clean Fuel Production Tax Credit calculations. The guidance also provides transition rules for changes made by the One Big Beautiful Bill Act, including excluding emissions from indirect land use change calculations.

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