Preliminary Guidance on 45Z Tax Credit for Sustainable Aviation Fuels is Unclear on Environmental Integrity
January 10, 2025
January 10, 2025
NEW YORK, Jan. 10 [Category: Environment] -- The Environmental Defense Fund issued the following news release:
The U.S. Department of the Treasury today issued preliminary guidance on the 45Z tax credit created by the 2022 Inflation Reduction Act, which aims to incentivize the production of clean transportation fuels, including sustainable aviation fuels (SAF).
"In creating the 45Z SAF tax credit, Congress understood that the future of the aviation industry depend . . .
The U.S. Department of the Treasury today issued preliminary guidance on the 45Z tax credit created by the 2022 Inflation Reduction Act, which aims to incentivize the production of clean transportation fuels, including sustainable aviation fuels (SAF).
"In creating the 45Z SAF tax credit, Congress understood that the future of the aviation industry depend . . .