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.
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Here are the top agriculture news headlines from RFD-TV News today (Thursday, Feb. 27, 2025) and the top trending stories on RFD-TV News.
“It’s a growing problem... Beekeepers are already under pressure so hard to keep their hives alive, and this is just another stressor that beekeepers don’t need.”
“I will work tirelessly to further support and protect our rural communities.” — Tom Schultz
