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Biofuel industry pushes Biden administration to simplify eligibility for new tax incentives

07/31/24 6:11 AM By Rebekah Alvey
KEYWORDS 40B 45Z American Coalition for Ethanol biofuel climate smart agriculture feedstock GREET model imports Iowa Renewable Fuels Association National Oilseed Processors Association oilseed Renewable Fuels Association RFI Secretary Tom Vilsack Sustainable Aviation Fuel tax credits The Breakthrough Institute Treasury Department UCO USDA used cooking oil
Biofuel and farming organizations across the country want USDA to dismantle mandatory combinations of climate-smart agriculture practices to qualify for biofuel tax credits, and the groups suggest moving to a simplified accounting system to propel the industry's growth.
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