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RNG Coalition welcomes Section 48 ITC final rule

By District Energy posted 12-05-2024 05:17

  

Bioenergy Insight

Summary

The Coalition for Renewable Natural Gas (RNG Coalition) has welcomed the U.S. Department of the Treasury’s issuance of the final rulemaking on the Section 48 Investment Tax Credit (ITC) expanded under the Inflation Reduction Act (IRA).
The updated regulations represent a significant step forward for the biogas and renewable natural gas (RNG) industries in North America, ensuring wider project eligibility for these critical tax credits, said the association.

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