Published by Todd Bush on September 30, 2024
Today, the U.S. Department of Energy (DOE) opened its Emissions Value Request Process in support of the U.S. Department of the Treasury’s (Treasury) implementation of the Clean Hydrogen Production Tax Credit (45V) enacted by the Inflation Reduction Act (IRA). The process opening today is for taxpayers whose hydrogen production technology and/or feedstock is not included in the most recent version of the 45VH2-GREET model. These taxpayers can use the Emissions Value Request Process to request an emissions value from DOE, which is necessary to petition the Internal Revenue Service (IRS) for a determination of a provisional emissions rate (PER).
>> In Other News: OCED Announces Notice of Intent to Fund $1.3 Billion for Transformational Emissions Reducing Technologies to Support Our Clean Energy Future
This Process was introduced in Treasury’s December 2023 Notice of Proposed Rulemaking for the 45V tax credit. Treasury then issued a supplemental notice of proposed rulemaking in April 2024 to invite comment on the information collection proposed for the Emissions Value Request Process. DOE and Treasury have considered the comments received by stakeholders, and DOE has now specified procedures and requirements to access the process and is accepting applications.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 Gevo Transforms Carbon Waste Into Market Gold 🛫 CADO and 4AIR Harmonize SAF Registries for Commercial and Business Aviation 🌊 Vortex Energy Receives Government Approval for Amb...
Inside This Issue 🌎 US Carbon Capture Race: $77B Industry Shifts Global Balance 🛠️ NETL Releases Tool To Calculate Costs of Geologic Carbon Storage Projects in the Gulf of America ✈️ Avia Solution...
Inside This Issue 💰 BlackRock’s €1 Billion Bet on Eni Fuels Carbon Capture Confidence 💧 Wastewater Contaminants Boost Green Hydrogen Production 🌾 Gevo Sells Carbon Credits from North Dakota Asset ...
CADO and 4AIR Harmonize SAF Registries for Commercial and Business Aviation
MONTREAL /PRNewswire/ -- The Civil Aviation Decarbonization Organization (CADO) and 4AIR announced a strategic collaboration between their respective Sustainable Aviation Fuel (SAF) registries. The...
Gold Standard Launches Framework for High-Integrity Engineered Carbon Removals
New Engineered Removals Requirements set rigorous standards for carbon removal certification Updated methodologies now cover mineral waste, BECCS, and fermentation-based CDR All projects must cont...
DENVER--BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the execution of an agreement with a leading diversified midstream energy company to develop a new carbon capture and se...
For the widespread deployment of carbon capture, utilization and storage (CCUS) to succeed, emitters, financiers and project developers continue to be challenged to make viable investment decisions...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.