Growth Energy · News
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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