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with lower emissions and a competitive cost, cng is beneficial to both the environment and your bottom-line.
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fuel fleet management cards are a fantastic way to save on gas prices and enjoy a bunch of other perks for your fleet. here are a few things to consider while weighing your options.
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find and compare the service offerings of ethical and sustainable banks.
in today’s eco-conscious world, businesses are increasingly looking to be more environmentally friendly. in fact, research from optus shows 80% of australians believe that businesses have a…
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explore alternative fuel options available in portland, oregon. learn about the benefits, types, and availability of renewable fuels to make informed choices for a more sustainable future.
neste corporation, news, 11 may 2023 as part of its commitment to help businesses and cities reduce greenhouse gas (ghg) emissions from the transportation sector effectively, neste today announced a
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in this guide, we’ll look into five trucker-approved fuel cards that can help small trucking businesses save some money and increase margins.
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the lufthansa group is cutting co2 emissions through fleet modernization, green fares, and sustainable fuels.
fleet card security helps keep your business safe with customizable purchase limits, automated expense tracking and reporting, and reduced fraud risk.
whether you operate a fleet of compressed natural gas vehicles or a mixed fueled fleet, petrocard and clean n’ green can help you manage your fuel purchases. our fleet program allows you to track your fuel purchases, capture detailed transactions for reporting, offers competitive pricing and reduced paperwork. you’ll save time, money and be able […]
explore 3 uk business case studies on fuel card savings & benefits, showing how fuel cards reduce costs and streamline fleet operations
sustainable fleet management has myriad benefits for small business owners. discover strategies to make your fleet more eco-friendly with wex.
europe fuel card market is predicted to grow usd 4,288.03 million by 2035, global europe fuel card industry growth by card type, vehicle type, application
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maximize cost savings with expert tips on efficient fleet fuel management. enhance operations for optimal performance and significant financial benefits.
answers to common questions about operating fleet trucks on 100% biodiesel (b100), including operating in cold temperatures, engine warranties, emissions reduction and more.
on this podcast, we explain why big banks are building booking platforms, why british air's parent company has cornered a market, and why pricey skiing isn't always bad.
we discuss the pros & cons of using hvo fuel in your fleet, examine the processes used to make it, and consider the sustainability of using hvo diesel.
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revolutionize your fuel card usage – with our digitalization solution, you can eliminate security gaps and offer your customers innovative authorization options. stay at the forefront and reshape the future ...
optimize fleet fuel efficiency and reduce carbon emissions with tourmo ai’s eco modules—leveraging ai to promote smarter driver behavior and sustainability.
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market expansion being driven by incorporation of advanced data analytics in fuel cards to achieve informed decision-makingrockville, feb. 09, 2024 (globe newswire) -- fact.mr, a market research and competitive intelligence provider, states that the global fuel card market is estimated at a valuation of us$ 1.62 billion in 2024 and is projected to expand at a cagr of 6.7% through 2034. a fuel card plays a pivotal role in the management of fuel-related transactions for businesses, particularly th
fuel card integration with movolytics allows businesses to monitor and analyse fuel usage across multiple fuel card providers.
how can a fuel card benefit your business? we discuss the benefits of fuel cards including administration benefits, loyalty programs, eu support and more.
guidance will help lower transportation costs for consumers and make america a leader in decarbonizing aviation industry and heavy transportwashington – today, the u.s. department of the treasury (treasury) and internal revenue service (irs) are releasing guidance on the clean fuels production credit (section 45z).section 45z provides a tax credit for the production of transportation fuels with lifecycle greenhouse gas (ghg) emissions below certain levels. the credit is in effect in 2025 and is for sustainable aviation fuel (saf) and non-saf transportation fuels.today’s guidance was informed by extensive input from stakeholders and the public as well as collaboration between treasury, irs, and expert agencies. the guidance includes both a notice of intent to propose regulations on the section 45z credit and a notice providing the annual emissions rate table for section 45z, which refers taxpayers to the appropriate methodologies for determining the lifecycle ghg emissions of their fuel. in conjunction with today’s guidance, the department of energy will release the 45zcf-greet model for use in determining emissions rates for 45z in the coming days.“this guidance will help put america on the cutting-edge of future innovation in aviation and renewable fuel while also lowering transportation costs for consumers,” said deputy secretary of the treasury wally adeyemo. “decarbonizing transportation and lowering costs is a win-win for america.”“we appreciate the critical role that america’s farmers play in building a clean energy economy, including by providing feedstocks for advanced biofuels grown with climate-smart practices that help farmers earn more for what they grow,” said john podesta, white house senior advisor for international climate policy. “today’s announcement reinforces the important role climate-smart agriculture plays in clean transportation as well as the importance of providing pathways for unbundled accounting of climate smart practices that producers can count on.”“this tax credit is essential to u.s. competitiveness and to reduce emissions in the transportation sector with more affordable, cleaner fuel,” said u.s. deputy energy secretary david m. turk. “the final guidance released today provides clarity and certainty to america's world-leading biofuel industry, a crucial player in lowering emissions from the aviation and heavy transportation industries.”section 45z provides a per-gallon (or gallon-equivalent) tax credit for producers of clean transportation fuels based on the carbon intensity of production. it consolidates and replaces pre-inflation reduction act (ira) credits for biodiesel, renewable diesel, and alternative fuels, and an ira credit for sustainable aviation fuel. like several other ira credits, 45z requires treasury to establish rules for measuring carbon intensity of production, based on the clean air act’s definition of “lifecycle greenhouse gas emissions.”today’s guidance provides clarity on issues including which entities and fuels are eligible for the credit, and how taxpayers determine lifecycle emissions. specifically, the guidance outlines treasury and the irs’ intent to define key concepts and provide certain rules in a future rulemaking, including:clarifying who is eligible for a credit.treasury and the irs intend to provide that the producer of the eligible clean fuel is eligible to claim the 45z credit. consistent with the statute, compressors and blenders of fuel would not be eligible.clarifying what fuels are eligible for a credit.under section 45z, a fuel must be “suitable for use” as a transportation fuel. treasury and the irs intend to propose that 45z-creditable transportation fuel must itself (or when blended into a fuel mixture) have either practical or commercial fitness for use as a fuel in a highway vehicle or aircraft. the guidance clarifies that marine fuels that are otherwise suitable for use in highway vehicles or aircraft, such as marine diesel and methanol, are also 45z eligible.specifically, this would mean that neat saf that is blended into a fuel mixture that has practical or commercial fitness for use as a fuel would be creditable. additionally, natural gas alternatives such as renewable natural gas (rng) would be suitable for use if produced in a manner such that if it were further compressed it could be used as a transportation fuel.publishing rules needed to determine lifecycle emissions required to calculate the credit amount.today’s guidance publishes the annual emissions rate table that directs taxpayers to the appropriate methodologies for calculating carbon intensities for types and categories of 45z-eligible fuels.the table directs taxpayers to use the 45zcf-greet model to determine the emissions rate of non-saf transportation fuel, and either the 45zcf-greet model or methodologies from the international civil aviation organization (“corsia default” or “corsia actual”) for saf.taxpayers may use the provisional emissions rate (per) process to obtain an emissions rate for fuel pathway and feedstock combinations not specified in the emissions rate table when guidance is published for the per process. guidance for the per process is expected at a later date.outlining climate smart agriculture practices (csa):today’s guidance states that treasury intends to propose rules for incorporating the emissions benefits from climate-smart agriculture (csa) practices for cultivating domestic corn, soybeans, and sorghum as feedstocks for saf and non-saf transportation fuels. these options would be available to taxpayers after treasury and the irs propose regulations for the section 45z credit, including rules for csa, and the 45zcf-greet model is updated to enable calculation of the lifecycle greenhouse gas emissions rates for csa crops, taking into account one or more csa practices. csa practices have multiple benefits, including lower overall ghg emissions associated with biofuels production and increased adoption of farming practices that are associated with other environmental benefits, such as improved water quality and soil health. agencies across the federal government have taken important steps to advance the adoption of csa. in april, treasury established a first-of-its-kind pilot program to encourage csa practices within guidance on the section 40b saf tax credit. treasury has received and continues to consider substantial feedback from stakeholders on that pilot program. the u.s. department of agriculture invested more than $3 billion in 135 partnerships for climate-smart commodities projects. combined with the historic investment of $19.5 billion in csa from the inflation reduction act, the department is estimated to support csa implementation on over 225 million acres in the next 5 years as well as measurement, monitoring, reporting, and verification to better understand the climate impacts of these practices.in addition, in june, usda published a request for information requesting public input on procedures for reporting and verification of csa practices and measurement of related emissions benefits, and received substantial input from a wide array of stakeholders. usda is currently developing voluntary technical guidelines for csa reporting and verification. treasury and irs will consider those guidelines in proposing rules recognizing the benefits of csa for purposes of the section 45z credit.###
fuel card integration can revolutionize fleet management by enhancing expense control, optimizing routes, preventing fraud, and promoting sustainability.
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fuel card market report: trends, forecast and competitive analysis to 2030 - fuel card trends and forecast
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