New Clean Fuel Production Tax Credit
Section 45(Z) creates a new technology neutral two-year tax credit for low-carbon transportation fuel. Maximum tax credit award is $1 per gallon and an increase to $1.75 per gallon for sustainable aviation fuel. Emission factor is calculated proportional to a maximum emission rate standard and calculated with the GREET Model (Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation) which is a widely-cited full life-cycle model that evaluates energy and emission impacts.
Production Credits
Renewable Electricity Production Tax Credit
Current Tax Credit for electricity produced from renewable sources.
Production Credits
Clean Electricity Production Tax Credit
Replaces the Renewable Electricity Production Tax Credit in 2025.
Production Credits
Zero-Emission Nuclear Power Production Tax Credit
Nuclear power production credit for new and existing facilities.
Production Credits
New Clean Fuel Production Tax Credit
Provides a tax credit for low-carbon transportation fuel.
Production Credits
Manufacturing Production Tax Credit
Benefits manufacturers of eligible components produced by a domestic
taxpayer.