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Treasury proposes guidance for 45Z biofuel credit, but no clarity yet on ag practices

Guidance appears to limit used cooking oil imports

01/10/25 2:48 PM By Rebekah Alvey

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.

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January 05, 2025

Agri-Pulse Open Mic: Kevin Kelly, CEO, Emerald Packaging

This week’s Open Mic guest is Kevin Kelly, CEO of Emerald Packaging. The global packaging industry is expected to grow to over $600 billion dollars by 2033. Kelly says packaging is essential to limit food waste and maintain fresh produce quality for consumers across the country and around the globe. But just as health experts encourage higher consumption of fresh fruits and vegetables, several states and countries are considering various restrictions on food packaging and waste disposal that would be very challenging for growers, shippers and packers to meet. Kelly says the packaging industry continues to research biobased packaging materials, but says thus far none have proven effective or affordable for retailers or consumers.

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DriveTime: January 9, 2025
01/09/25
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Agri-Pulse Newsmakers

01.10.2025

Agri-Pulse Newsmakers: Jan. 10, 2025: John Newton on farm aid payments, ag trade

Congress passed nearly $10B in farm market relief and $21B of disaster aid earmarked for agriculture in the December American Relief Act. John Newton, executive head of Terrain, breaks down who will receive the most from the payments and how ag exports markets may adjust in the future based on global population change.

Then, OFW Law’s Phil Karsting and Sharon Bomer Lauritsen of AgTrade Strategies LLC discuss how Trump’s tariff threats, if carried out, could force the U.S. to shift ag export markets.

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