The U.S. Department of the Treasury has announced the release of guidance on the clean fuels production credit. --- U.S. Department of the Treasury Releases Guidance on Clean Fuels Production Credit January 10, 2025 Guidance will help lower transportation costs for consumers and make America a leader in decarbonizing aviation industry and heavy transport WASHINGTON – Today, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) are releasing guidance on the Clean Fuels Production Credit (section 45Z). Section 45Z provides a tax credit for the production of transportation fuels with lifecycle greenhouse gas (GHG) emissions below certain...