The time of waiting and hoping is over for taxpayers looking to finance and develop hydrogen projects. Treasury and the IRS issued enough guidance on Inflation Reduction Act tax credits this month to rival the length of The Count of Monte Cristo.
Final 45V rules provide important clarifications and additional flexibility which will allow many hydrogen producers to claim 45V credits, both
Climate policy is often a balancing act between technology, economics, and environmental integrity. Life cycle analysis (LCA) is one of the tools used to navigate these complexities, promising a structured way to assess the greenhouse gas (GHG) emissions of technologies across their entire lifecycle—from production to disposal.
August Pfluger (TX-11) and Senator Ted Cruz (R-TX) introduced legislation to alleviate a tax burden President Biden put on hardworking Texans and Americans across the country. The Natural Gas Tax Repeal Act will strike the natural gas tax imposed by President Biden in the Inflation 'Expansion' Act,
The U.S. hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald Trump’s second term, according to BloombergNEF.
Ted Cruz, R-TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax on natural gas imposed on the ...
This move could significantly reduce the cost burden on airlines, as ATF constitutes nearly 40 per cent of their operational expenses.
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations)
According to the latest numbers from 2023, wind power accounted for more than 28 percent of the mix in Texas, almost three times the national average. Wind is second only to natural gas, helping make Texas a leader in the industry.
Researchers plan to study whether carbon can be stored underground in the oil fields of Osage and Kay counties.
Tax time is ahead, and Pennsylvania landowners with oil and gas rights can look forward to a new deduction. State Senate Bill 654, enacted last July, makes a depletion allowance available to more than 250,
On January 10, 2025, the Treasury Department (the “Treasury”) and the Internal Revenue Service (the “Service”) continued their flurry of new