US EditionBiogas Tax Credit Market Stays Strong in 2025
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Biogas Tax Credit Market Stays Strong in 2025
Upon becoming law in 2022, the Inflation Reduction Act (“IRA”) extended the opportunity to generate investment tax credits (“ITCs”) to renewable natural gas (“RNG”) projects, incentivizing the development of new projects and enabling some projects already in the development pipeline to capture material new value. Specifically, the IRA provided for the generation of ITCs pursuant to Section 48 of the amended Internal Revenue Code of 1986 based on…
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