Renewable fuel groups are bending the ear of lawmakers, urging them to take action on IRA tax credits that expired at the end of last year.
The RFA’s Geoff Cooper says it could be a while before the industry gets solid answers around 45Z.
”...That’s why, in the meantime, RFA believes Congress should strongly consider reinstating the suite of biofuel tax incentives that expired in December, including the second generation biofuel producer tax credit.”
Cooper says he is optimistic for the year ahead, adding the ethanol industry added $50 billion to the GDP last year, with more than $25 billion in income.
Related Stories
U.S. produce growers face a structural disadvantage—cheaper imports driving down prices while rising labor costs squeeze margins. Without new policies or technology, profitability remains uncertain.
Theresa Long and Theresa Pittman joined us on behalf of the AgriSafe Network to discuss the health and social issues impacting families in agriculture.
Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
