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Shining Light on Farm & Food Policy for 20 Years.
Monday, November 25, 2024
A key House Democrat is promising to help fix language in a package of green energy tax incentives that could block U.S. farm commodities from benefiting from a new tax credit for renewable jet fuel.
Congressional Democrats’ massive Build Back Better spending plan would create a new subsidy for renewable jet fuel while also extending the existing tax credit for biodiesel and renewable diesel through 2031.
Airlines that are scrambling to lower their greenhouse gas emissions are lobbying Congress to enact new incentives for renewable jet fuel, even as competition for biofuel feedstocks already is heating up.
