On December 22, 2023, the U.S. Department of the Treasury (DOT) released a Notice of Proposed Rulemaking (NPRM) meant to address several issues associated with the Clean Hydrogen Production Tax Credit (PTC) established via Section 45V of the Inflation Reduction Act of 2022 (IRA). This article provides a brief overview of the proposed rules.
Chris Cunico
A transactional attorney in the energy and natural resources space who joined Husch Blackwell in 2023, Chris works on all types of business agreements that keep projects moving forward. He concentrates his practice in energy-from-waste transactions with a focus on agricultural waste, as well as real estate and project development in the solar and wind areas. Chris develops agreements to acquire fuel for energy conversion and offtake. He also works on real estate or lease agreements; engineering, procurement, and construction (EPC) contracts; operations and maintenance (O&M) agreements; and contracts that involve any other commercial business needs during the life cycle of a given project.
EPA’s e-RIN Program Stalls
The U.S. Environmental Protection Agency (“EPA”), which administers the federal renewable fuels program known as the Renewable Fuel Standards (“RFS”), has been grappling with the best approach to incorporating electric vehicles (“EVs”) into the RFS. Specifically, the EPA has been evaluating ways to adapt the RFS (under which renewable energy developers can generate marketable credits…