Entries by Tricord Blog

House Passes “Big Beautiful Bill” with Alterations to 45Z

In May, the U.S. House of Representatives passed H.R.1, or the “One Big Beautiful Bill Act”.  This budget reconciliation bill included many notable changes to the Inflation Reduction Act of 2022 (IRA), including cancellation of most renewable energy incentives and environmental provisions and changes to the Clean Fuel Production Credit, called 45Z after the section in the IRA.  […]

ISCC Announces New Canada CFR Certification

On June 10, 2025, the International Sustainability & Carbon Certification (ISCC) announced that they had partnered with Environment and Climate Change Canada (ECCC) to create a new feedstock certification scheme that will significantly streamline traceability requirements for low carbon fuels producers selling into the Canadian market under the Clean Fuels Regulation (CFR).  The new ISCC […]

Is It Time to Reevaluate Your Storage Tank Calculations?

Storage tank emissions calculations by nature are fairly easy to generate and similarly fairly easy to take for granted. The calculations often remain untouched as methodologies rarely change absent significant updates to Chapter 7, Section 1 (Organic Liquid Storage Tanks) of the USEPA’s AP-42 guidance. While the USEPA made some changes in the latest version […]

Hurricane Preparedness

Hurricane season starts June 1. The annual tropical forecast from Colorado State University states the “2025 Atlantic basin hurricane season will have above-normal activity.   2025 CSU Forecast 1991-2020 Average Named Storms 17 14.4 Hurricanes 9 7.2 Current La Niña conditions are likely to transition to ENSO neutral conditions in the next couple of months; […]

Act Now to Claim the §45Z Clean Fuel Production Credit

Act Now to Claim the §45Z Clean Fuel Production Credit on January 1, 2025 Many suppliers of low carbon renewable diesel and biodiesel in the U.S. currently benefit from the “biodiesel mixture excise tax credit,” which is a substantial tax incentive of $1.00 per gallon of pure biodiesel or renewable diesel.  In order to qualify […]

Clean Transportation Fuel Standards Passed in New Mexico

The New Mexico Senate approved the state’s Clean Transportation Fuel Standard (CTFS) bill HB 41 on February 13.  This followed the state’s House of Representatives approval of the bill on February 3.  The bill is now on the desk of Governor Grisham, who has been a vocal supporter of the legislation and is expected to […]

The Inflation Reduction Act

The Inflation Reduction Act of 2022 will go in to effect January 1, 2025.  This landmark legislation not only provides the first federal incentive for fuel carbon emission reduction but also provides tax credits for current and future low carbon fuels producers.  It also provides tax refunds for carbon capture and sequestration projects, clean hydrogen […]