Law and Environment
DECEMBER 20, 2023
On December 15, 2023, IRS published Notice 2024-06 , a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). The guidance establishes a safe harbor for SAF that generates RINs under the federal Renewable Fuel Standard program (“RFS”).
Union of Concerned Scientists
JANUARY 18, 2024
The tax credit, passed as part of 2022’s Inflation Reduction Act, provides a generous incentive for the production of clean hydrogen. Today, hydrogen is overwhelmingly produced through a heavily polluting fossil fuel-based process. It is a climate problem, not a climate solution. Geographic deliverability. Time matching.
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Union of Concerned Scientists
MARCH 25, 2024
From March 25 to March 27, 2024, the U.S. Department of the Treasury is hosting a public hearing on the December 2023 proposed regulations governing implementation of the Section 45V Credit for Production of Clean Hydrogen. Presented via telephone during the March 27, 2024, public hearing for Docket ID No. REG-117631-23.
Legal Planet
OCTOBER 26, 2023
CARB’s Low Carbon Fuel Standard (LCFS) seeks to incentivize the production and sale of alternative, lower emissions transportation fuels in order to displace conventional fossil fuels. To identify which fuels should be promoted, CARB calculates the life cycle greenhouse gas emissions from transportation fuels.
Corp Watch
MARCH 1, 2024
Shell’s reckless divestment from Niger Delta SOMO PaulaR Fri, 03/01/2024 - 15:21 Tuesday, February 27, 2024 Read more Audrey Gaughran Shell cannot be allowed to divest from the onshore oil industry in the Niger Delta before it takes responsibility for its toxic legacy of pollution and the safe decommissioning of abandoned oil infrastructure.
Corp Watch
JANUARY 26, 2024
Corporation Shell Plc (Royal Dutch Shell) Image Image Products Liquefied Natural Gas, Lubricants, Natural gas, Petrochemicals, Petroleum The Corrib gas project of Royal Dutch Shell - Photo Credit William Murphy Summary Royal Dutch Shell is a fossil fuel exploration company. References: The oil spills of Ogoniland Shell pays out $15.5m
Corp Watch
JANUARY 25, 2024
New Shell documents could aid climate cases, attorneys say Follow the Money PaulaR Thu, 01/25/2024 - 16:59 Thursday, January 18, 2024 Read more Matthew Green, Merel de Buck & Birte Schohaus Latest Shell-files show that the company reflected on climate change caused by fossil products as early as the 1970s.
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