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Shining Light on Farm & Food Policy for 20 Years.
Friday, February 21, 2025
A new analysis from CoBank finds growing domestic consumption will have only modest effects on overall U.S. ethanol demand and says exports will drive industry growth.
Jamieson Greer, Trump’s pick to lead the Office of the U.S. Trade Representative, pledged to secure new markets for U.S. ag, examine China’s shortcomings under the phase one deal and lower tariff barriers in the biofuels sector.
Despite a flurry of last-minute action from the Biden administration on biofuel policy, producers are still uncertain on how reliable those moves are under Trump 2.0.
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.
The Treasury Department on Friday proposed long-awaited guidance for the new biofuel tax credit known as 45Z, appearing to limit the use of imported cooking oil but omitting key eligibility requirements for agriculture-based feedstocks.
Today could be a big day for the biofuel industry. The Treasury Department is expected to release highly anticipated interim guidance for the valuable new clean fuel tax credit known as 45Z, industry sources say.
Those in the biofuel industry and lawmakers from biofuel-heavy districts are expecting enough bipartisan support to preserve the 45Z credit in tax reforms next Congress.
Biofuel groups are expressed increasing concern about the lack of guidance from the Treasury Department for a clean fuel tax credit that is set to take effect Jan. 1, saying investment has already slowed due to the uncertainty.
President-elect Donald Trump is setting up a cabinet of unusually diverse views and backgrounds that together could have a far-reaching impact on the food and agriculture sectors. Farm groups will be counting on his pick to lead USDA, Brooke Rollins, to be an advocate for ag within an administration. North Dakota Gov. Doug Burgum could be a key ally on energy policy.