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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 25, 2024
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.
The biofuel industry is growing optimistic that a broad range of agricultural feedstocks, including soybean oil, will be eligible for a valuable new tax credit that’s intended to stimulate production of sustainable aviation fuel.