The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that refine natural gas from organic waste.
The announcement comes following lobbying by Rep. Hillary Scholten (D-Mich.), who joined three other congressional Democrats in August asking the Treasury Department to go with broader language, as well as a push by groups like American Biogas Council and the Coalition for Renewable Natural Gas.
Under the initial proposed rule, the machinery used to refine the raw........