Biomass: IRS Proposes Rule On Clean Energy
Posted On
June 05, 2024
The IRS will publish a proposed rule for the Clean Electricity Production Credit and Clean Electricity Investment Credit. The rule outlines the pathway for combustion and gasification technologies, like biomass, to be evaluated via a lifecycle analysis as required by the Clean Air Act. The guidance ties electricity generation to net zero carbon emissions.
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Read more: Treasury, IRS issue proposed regulations for owners of qualified clean electricity facilities and energy storage technologies → | Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit →