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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 15, 2025
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.
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.
The biodiesel industry wants to substantially increase its production in the next decade, but industry officials say that growth will require both new and existing feedstocks as well as consistent, long-term government support through the biodiesel tax credit and annual biofuel usage mandates.
