U.S. Inflation Reduction Act Clean Energy Tax Credits
Following the passage of the Inflation Reduction Act (IRA), the U.S. Department of the Treasury released requests for public comment on several clean energy tax credits included in the law, including those for clean hydrogen production and clean vehicles and fuels.
CATF experts provided input and recommendations around these key areas and are continuing to engage on the implementation of these tax provisions. CATF developed this set of issue briefs to help stakeholders digest key issues on implementing IRA tax credits, particularly sections 40B, the sustainable aviation fuel (SAF) tax credit, and 45V, the clean hydrogen production tax credit.
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Category: Implementation
Fixed upstream emission rates undermine the climate benefits of section 45V hydrogen production tax credit
Published on: April 5, 2024 -
Category: Implementation
Carbon intensities of qualified clean hydrogen for 45V tax credits should be determined on a kilogram-by-kilogram approach
Published on: April 5, 2024 -
Category: Implementation
Systemwide emissions and the importance of the three pillars for section 45V hydrogen production tax credit
Published on: April 5, 2024 -
Category: Implementation
Alternative incrementality compliance pathways for section 45V hydrogen production tax credit
Published on: April 5, 2024 -
Category: Implementation
GREET underestimates indirect land use change, undermining the climate benefits of section 40B
Published on: April 5, 2024 -
Category: Implementation
Accounting for soil organic carbon for section 40B eligibility is neither aligned with statute or technologically feasible
Published on: April 5, 2024
