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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 22, 2025
China is ending an export tax rebate for used cooking oil, a common feedstock for renewable diesel, in a move analysts say could spur higher prices and prompt U.S. biofuel producers to explore other oil sources.
Pending Treasury Department rules for a new biofuels tax credit could determine whether farmers can earn significant new income from conservation practices and whether ethanol can qualify as a feedstock for sustainable aviation fuel, a potentially massive new market.
Federal agencies appear to be divided over which carbon intensity model should be used for an Inflation Reduction Act tax credit meant to grow the fledgling sustainable aviation fuel industry, according to biofuel policy experts.
