IRS Notice: Clean Fuel Production Credit Emissions Rates, Request for Comments (IRC §45Z)

Initial guidance about emissions rates, including the initial emissions rate table, for the clean fuel production credit, the IRS released. For a transportation fuel established on the emissions rate table that is not a sustainable aviation fuel, this notice directs a taxpayer producing such fuel to calculate emissions rates using the most recent determinations under the new 45ZCF-GREET model. For a transportation fuel established on the emissions rate table that is a sustainable aviation fuel, this notice directs a taxpayer producing such fuel to calculate emissions rates using either determinations from fuel pathways approved under the most recent version of ...