Items Tagged with '40B'

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.

In this opinion piece, Kailee Tkacz Buller, President and CEO of the National Oilseed Processors Association (NOPA), highlights the uncertainty facing the biofuels sector as it awaits 45Z guidance amid increased foreign feedstock imports and lack of strong RVOs.

Republicans are seeking input from biofuel stakeholders on what future tax policy should look like now that the GOP will have control in the White House and both chambers of Congress.

Along the campaign trail, President-elect Donald Trump had vowed to repeal parts of the Biden administration's landmark climate law, the Inflation Reduction Act. Now facing a second Trump administration, industry groups are hopeful broad bipartisan support for biofuels and conservation programs in Congress means these initiatives will remain in place. 

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 Sustainable Aviation Fuel industry is still waiting for clear signals that the market is stable through the form of long-term policies and incentives. 

The Agriculture Department is seeking input on how to measure reductions in greenhouse gas emissions from crops grown as biofuel feedstocks, part of an effort to increase production of sustainable aviation fuel.