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
“It’s a falsehood to call beef from another country ‘Product of the USA.’”
“When you’re a small family farm, security is often an afterthought, if a thought at all.”
“I don’t think we’re going to see cattle coming across the border at all because of that increase in their cases in Mexico.”
