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Shining Light on Farm & Food Policy for 20 Years.
Monday, January 27, 2025
Across the biofuel industry, some sectors are optimistic the Biden administration's framework for the key 45Z tax credit will boost clean fuel production and support farmers. However, the proposals are not a slam-dunk, and groups are preparing to continue advocacy with the new Trump team.
USDA is making it easier for growers to qualify for a new biofuel tax credit by increasing the number of eligible crops and climate-smart farming practices and dropping a bundling requirement.
Brazilian corn producers could see record corn productivity in their summer season following favorable weather in growing regions, as analysts eye additional export opportunities for the sector under the Trump administration.
A year-end stopgap spending bill released Tuesday would authorize year-round sales of E-15, while also returning biofuel credits to some small refineries that applied for but were not granted exemptions in 2016, 2017 and 2018.
Farm groups are re-upping concerns that the next phase of biofuel tax credits could still include bundling requirements that some say could limit opportunities for farmers.
Ethanol plant operators are heavily funding a campaign to protect a new South Dakota law they believe will ease the construction of a carbon dioxide pipeline across the state.
The Supreme Court has agreed to decide whether challenges to EPA small refinery exemption decisions can be heard in federal appeals courts other than the D.C. Circuit Court of Appeals.
A bipartisan group of lawmakers are proposing to extend the new 45Z tax credit for low-carbon biofuels for 10 years but restrict the incentive to products derived from domestic feedstocks, such as vegetable oils and corn ethanol.
