Lifecycle
- Effective
- Last change
Country / jurisdiction: United States · Year: 2025 · Status: In force · Level: National · Type: Voluntary
USD 2.9 billion (estimated by the Joint Committee on Taxation) for FY2025 to FY2028. Production tax credit for fuels produced between 2025 and 2027. Eligibility: Fuels should have less than 50 gCO2-eq/mmBTU. Incentive: Sliding scale with a maximum of USD 0.2/gal for non-aviation fuels and USD 0.35/gal for aviation fuel. These are increased by 5 if producers meet prevailing wage and registered apprenticeship requirements. The incentive is inversely proportional to the emission rates
Official source: https://www.taxpayer.net/wp-content/uploads/2024/08/8-12-24_45Z-fact-sheet.pdf
Source
https://www.iea.org/policies/27981Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.