On January 7, 2025, the US Department of the Treasury and the IRS finalized regulations for technology-neutral tax credits for clean energy projects under Sections 45Y and 48E. These credits aim to replace existing credits with a technology-neutral framework, focusing on zero or negative greenhouse gas emissions. The Final Regulations introduce rules for calculating facility emissions rates and boundaries for lifecycle analysis. Facilities like wind, solar, nuclear, and waste energy recovery automatically qualify for the credits, while combustion and gas facilities have complex rules for GHG emissions determination. The regulations also address natural gas alternatives like biogas and renewable natural gas, providing incentives for clean energy production. Overall, the regulations are seen as a positive step towards promoting innovation in zero emissions technologies and offering stable incentives for investments in clean energy projects.